How To Fix FTVV_MESSAGES896 - Generation frequency for this loan is 7 (no generation)

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 896

• Message text: Generation frequency for this loan is 7 (no generation)

What causes this issue?

You have specified value 7 (no creation) as the creation frequency of
the external account statement for this loan.

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?

Change the creation frequency in the transaction <ZK>Change Contract.
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Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES896 - Generation frequency for this loan is 7 (no generation) ?

  The SAP error message FTVV_MESSAGES896 indicates that there is an issue with the generation frequency for a loan in the SAP system. Specifically, the message states that the generation frequency for the loan is set to 7, which means "no generation." This typically occurs in the context of loan management or financial transactions where certain processes need to be executed at defined intervals.
  Cause:
  
  Incorrect Configuration: The loan might be configured with a generation frequency that does not allow for any generation (e.g., set to "no generation").
  Business Rules: The business rules or settings in the system may dictate that certain loans should not have any generation frequency.
  Data Entry Error: There may have been an error during data entry or configuration that led to this setting being applied.
  
  Solution:
  
  
  Check Loan Configuration: Review the configuration settings for the loan in question. Ensure that the generation frequency is set correctly according to your business requirements. If the loan should have a generation frequency, change it to an appropriate value (e.g., 1 for daily, 2 for weekly, etc.).
  
  
  Consult Business Rules: Verify with your business rules or policies to ensure that the loan is supposed to have a generation frequency. If it is intended to have one, adjust the settings accordingly.
  
  
  Data Correction: If the error is due to incorrect data entry, correct the relevant fields in the loan master data or transaction data.
  
  
  Testing: After making changes, test the loan generation process to ensure that it now works as expected.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on loan generation settings and configurations.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FTR_EDIT or FTR_CREATE to access and modify loan details.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  User Roles: Ensure that you have the necessary permissions to make changes to loan configurations in the SAP system.
  Support: If the issue persists after checking configurations and business rules, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the error message and ensure that the loan generation process functions correctly.