How To Fix FTVV_MESSAGES995 - No collateral in life insurance (PRF list 07) exists for loan no. &

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 995

• Message text: No collateral in life insurance (PRF list 07) 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_MESSAGES995 - No collateral in life insurance (PRF list 07) exists for loan no. & ?

  The SAP error message FTVV_MESSAGES995 indicates that there is no collateral information available for a specific loan number in the context of life insurance. This error typically arises in financial transactions where collateral is required for loans, particularly in the insurance sector.
  Cause:
  
  
  Missing Collateral Data: The primary cause of this error is that the system cannot find any collateral information associated with the specified loan number. This could be due to:
  
  The collateral not being entered in the system.
  The collateral data being incomplete or incorrectly configured.
  The loan number being incorrect or not properly linked to the collateral.
  
  
  
  Configuration Issues: There may be issues with the configuration settings in the SAP system that prevent the proper association of collateral with loans.
  
  
  Data Migration Issues: If data was migrated from another system, there may have been errors or omissions in the collateral data.
  
  
  Solution:
  
  
  Check Collateral Data: Verify that the collateral information for the specified loan number exists in the system. You can do this by:
  
  Navigating to the relevant transaction codes (e.g., FTVV or related transaction codes) to check the collateral records.
  Ensuring that the collateral is correctly linked to the loan.
  
  
  
  Enter Missing Data: If the collateral data is missing, you will need to enter it. This may involve:
  
  Creating a new collateral record.
  Ensuring that all required fields are filled out correctly.
  
  
  
  Review Configuration: If the issue persists, review the configuration settings related to collateral management in the SAP system. Ensure that the settings are correctly defined to allow for the association of collateral with loans.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing collateral in life insurance 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 who can provide assistance based on your specific system configuration.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FTVV: Collateral Management
  FTR_CREATE: Create Financial Transaction
  FTR_EDIT: Edit Financial Transaction
  
  
  
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  
  
  User Roles and Authorizations: Ensure that the user has the necessary permissions to view and edit collateral data.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.