How To Fix FTVV_MESSAGES709 - Flow type & is not permitted for loans

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 709

• Message text: Flow type & is not permitted for loans

What causes this issue?

The flow type entered is not permitted in the loans area.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter a flow type that is assigned to contract type '1'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES709 - Flow type & is not permitted for loans ?

  The SAP error message FTVV_MESSAGES709 indicates that a specific flow type is not permitted for loans in the context of financial transactions. This error typically arises in the SAP system when trying to process a transaction related to loans that involves an invalid or inappropriate flow type.
  Cause:
  
  Invalid Flow Type: The flow type you are trying to use is not configured to be used with loan transactions. Each flow type in SAP is associated with specific transaction types, and using an incorrect flow type can lead to this error.
  Configuration Issues: The configuration settings in the SAP system for financial transactions may not allow the specified flow type for loans. This could be due to missing or incorrect settings in the Customizing (SPRO) configuration.
  Business Rules: There may be business rules or restrictions in place that prevent the use of certain flow types for loan transactions.
  
  Solution:
  
  Check Flow Type: Verify the flow type you are trying to use. Ensure that it is valid for loan transactions. You can do this by checking the documentation or configuration settings related to flow types in your SAP system.
  Configuration Review: Review the configuration settings in the SAP system:
  
  Go to SPRO (SAP Reference IMG) and navigate to the relevant section for Financial Accounting (FI) or Loans.
  Check the settings for flow types and ensure that the flow type you are using is allowed for loans.
  
  
  Consult with SAP Support: If you are unsure about the configuration or the flow types, it may be helpful to consult with your SAP support team or a functional consultant who specializes in financial transactions.
  Testing: After making any changes to the configuration, perform tests to ensure that the error no longer occurs when processing loan transactions.
  
  Related Information:
  
  Flow Types: Flow types in SAP are used to categorize financial transactions. Each flow type has specific characteristics and is linked to certain types of financial postings.
  Transaction Types: Different transaction types in SAP may have specific requirements or restrictions regarding the flow types that can be used.
  Documentation: Refer to SAP documentation or help files for detailed information on flow types and their configurations.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.