How To Fix FVD_CANCRES028 - Withdrawal/Reduction has not yet been entered for loan contract &1

FVD_CANCRES028 - Overview

• Message type: E = Error

• Message class: FVD_CANCRES - Messages for Rescission / Withdrawal

• Message number: 028

• Message text: Withdrawal/Reduction has not yet been entered for loan contract &1

Self-Explanatory Message

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FVD_CANCRES028 - Details

• The SAP error message FVD_CANCRES028 indicates that a withdrawal or reduction has not yet been entered for a specific loan contract. This error typically arises in the context of financial transactions involving loans, particularly when trying to cancel or adjust a loan contract in the SAP system.
  
  Cause:
  
  Missing Transaction: The primary cause of this error is that the system expects a withdrawal or reduction transaction to have been recorded for the specified loan contract before any cancellation or adjustment can be processed.
  Incorrect Status: The loan contract may be in a status that does not allow for further modifications or cancellations until certain conditions are met.
  Data Entry Error: There may have been an oversight in entering the necessary transactions related to the loan contract.
  
  
  Solution:
  
  Enter Withdrawal/Reduction: Before attempting to cancel or adjust the loan contract, ensure that you have entered the necessary withdrawal or reduction transaction for the loan. This can typically be