How To Fix FTVV_MESSAGES683 - Loan &: Premium transfer > Permitted prem. - Guaranteed prem.

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 683

• Message text: Loan &: Premium transfer > Permitted prem. - Guaranteed prem.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES683 - Loan &: Premium transfer > Permitted prem. - Guaranteed prem. ?

  The SAP error message FTVV_MESSAGES683 typically relates to issues with loan and premium transfers in the context of financial transactions, particularly in the area of treasury and risk management. The message indicates that the permitted premium for a loan or financial instrument has been exceeded, which can occur in various scenarios involving loan agreements, premium calculations, or financial guarantees.
  Cause:
  
  Exceeding Permitted Premium: The error suggests that the premium associated with a loan or financial instrument exceeds the allowed limit as defined in the system settings or business rules.
  Configuration Issues: There may be incorrect configuration settings in the loan or premium transfer parameters.
  Data Entry Errors: Incorrect data entry during the loan setup or premium calculation can lead to this error.
  Business Rules Violation: The transaction may violate specific business rules or policies set within the organization regarding loan premiums.
  
  Solution:
  
  Review Loan and Premium Settings: Check the configuration settings for loans and premiums in the SAP system. Ensure that the permitted premium limits are correctly defined.
  Validate Data Entries: Review the data entered for the loan and premium transfer. Ensure that all values are accurate and within the expected ranges.
  Adjust Premium Calculation: If the premium is calculated based on certain parameters, verify that these parameters are set correctly and that the calculations are accurate.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling loan and premium transfers.
  Engage with SAP Support: If the issue persists, consider reaching out to SAP support for assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and premium calculations, such as FTR_CREATE (Create Financial Transaction) or FTR_EDIT (Edit Financial Transaction).
  Business Processes: Understand the business processes related to loans and premiums in your organization, as this can help identify where the error may be originating.
  User Roles and Authorizations: Ensure that the user attempting the transaction has the necessary roles and authorizations to perform loan and premium transfers.
  
  By addressing the above points, you should be able to resolve the error message FTVV_MESSAGES683 effectively.