How To Fix FVD_CANCRES022 - Rescission executed

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CANCRES - Messages for Rescission / Withdrawal

• Message number: 022

• Message text: Rescission executed

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CANCRES022 - Rescission executed ?

  The SAP error message FVD_CANCRES022 typically indicates that a rescission (cancellation) has been executed for a specific financial transaction or document. This message is often encountered in the context of financial services, particularly in modules related to contract management, loans, or investment products.
  Cause:
  The error message FVD_CANCRES022 is triggered when a rescission process has been successfully completed for a transaction, which means that the transaction has been canceled or reversed. This can occur due to various reasons, such as:
  
  User Action: A user may have manually initiated a rescission for a contract or transaction.
  System Process: A scheduled job or automated process may have executed a rescission based on predefined criteria.
  Business Logic: The business rules defined in the system may dictate that certain transactions can be rescinded under specific conditions.
  
  Solution:
  To address the error message FVD_CANCRES022, consider the following steps:
  
  Review Transaction History: Check the transaction history to confirm that the rescission was intended and that the transaction has been properly canceled.
  Check for Dependencies: Ensure that there are no dependent transactions or documents that may be affected by the rescission. If there are, you may need to address those first.
  Recreate Transaction: If the rescission was executed in error and you need to restore the original transaction, you may need to recreate the transaction or document manually.
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for handling rescissions to ensure compliance with business processes.
  Contact Support: If you are unsure about the rescission or if it was executed incorrectly, consider reaching out to your SAP support team or a functional consultant for assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to rescissions, cancellations, and financial document management.
  User Roles: Ensure that users have the appropriate roles and authorizations to execute rescissions and understand the implications of their actions.
  Training: Provide training for users on the rescission process and the importance of verifying transactions before executing cancellations.
  
  By following these steps, you should be able to understand and address the error message FVD_CANCRES022 effectively.