How To Fix FVD_BO120 - Loan &1 company code &2 is not a loan for a extension or skip

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_BO - General Messages for Business Operations

• Message number: 120

• Message text: Loan &1 company code &2 is not a loan for a extension or skip

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_BO120 - Loan &1 company code &2 is not a loan for a extension or skip ?

  The SAP error message FVD_BO120 typically indicates that there is an issue with a loan that you are trying to extend or skip. This error message suggests that the specified loan is not recognized as a valid loan for the operation you are attempting to perform. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  Loan Status: The loan may not be in a status that allows for extension or skipping. For example, it might be fully paid, closed, or in a status that does not permit further modifications.
  Incorrect Company Code: The company code specified in the transaction may not be associated with the loan in question.
  Loan Type: The loan type may not support extensions or skips. Certain loan types have restrictions on modifications.
  Data Entry Errors: There may be a mistake in the data entry, such as incorrect loan number or company code.
  Configuration Issues: There may be configuration settings in the SAP system that prevent the loan from being processed as expected.
  
  Solutions:
  
  Check Loan Status: Verify the status of the loan in question. Ensure that it is active and eligible for extension or skipping.
  Verify Company Code: Double-check the company code you are using. Make sure it matches the company code associated with the loan.
  Review Loan Type: Confirm that the loan type allows for extensions or skips. You may need to consult with your SAP administrator or financial team for this information.
  Correct Data Entry: Ensure that all data entered is correct, including the loan number and company code. Re-enter the information if necessary.
  Consult Configuration: If the issue persists, consult with your SAP configuration team to review the settings related to loan processing. They may need to adjust configurations to allow for the desired operation.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for loan management in SAP, such as FVD1 (Create Loan), FVD2 (Change Loan), and FVD3 (Display Loan).
  Documentation: Refer to SAP documentation or help files for detailed information on loan management and the specific error message.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.