How To Fix FTVV_MESSAGES994 - No collateral in cash (PRF list 05, subs. 03) exists for loan no. &

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 994

• Message text: No collateral in cash (PRF list 05, subs. 03) exists for loan no. &

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES994 - No collateral in cash (PRF list 05, subs. 03) exists for loan no. & ?

  The SAP error message FTVV_MESSAGES994 indicates that there is no collateral in cash associated with a specific loan number in the system. This error typically arises in the context of financial transactions, particularly in the management of loans and collateral in SAP's Financial Services module.
  Cause:
  
  
  Missing Collateral Data: The primary cause of this error is that the system cannot find any collateral in cash linked to the specified loan number. This could be due to:
  
  The collateral not being created or recorded in the system.
  The collateral being incorrectly configured or linked to a different loan.
  Data entry errors where the loan number is incorrect or does not match any existing records.
  
  
  
  Incorrect Loan Configuration: The loan may not have been set up correctly in the system, leading to a lack of associated collateral.
  
  
  System Configuration Issues: There may be issues with the configuration of the collateral management module in SAP, which could prevent the system from recognizing existing collateral.
  
  
  Solution:
  
  
  Verify Loan Number: Check the loan number provided in the error message to ensure it is correct and exists in the system.
  
  
  Check Collateral Records: 
  
  Navigate to the collateral management section in SAP and verify if there are any collateral records associated with the loan number.
  If no collateral exists, you may need to create a new collateral record for the loan.
  
  
  
  Create or Update Collateral: If collateral is missing, you can create a new collateral entry:
  
  Go to the relevant transaction code for collateral management (e.g., FTR_CREATE for creating a new financial transaction).
  Enter the necessary details for the collateral, ensuring it is linked to the correct loan.
  
  
  
  Review Configuration: If the issue persists, review the configuration settings for collateral management in SAP. Ensure that all necessary settings are correctly configured to allow for the association of collateral with loans.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing collateral and loans.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FTR_CREATE: Create financial transaction (collateral).
  FTR_EDIT: Edit financial transaction.
  FTR_DISPLAY: Display financial transaction.
  
  
  
  SAP Notes: Check for any SAP Notes related to collateral management and error messages for additional troubleshooting steps or patches.
  
  
  User Roles and Authorizations: Ensure that you have the necessary permissions to view and manage collateral records in the system.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.