How To Fix FVD_CAPTR061 - Loan &1 not released for use in the capital transfer function

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CAPTR - Messages for the Capital Transfer

• Message number: 061

• Message text: Loan &1 not released for use in the capital transfer function

What causes this issue?

You have tried to use a source or target loan that is not released for
use in the capital transfer function.
The following types of loan are not released for the capital transfer:
Loans taken
Loans with payment requests
Loans not managed on the basis of customer accounts
Borrower's note loans

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CAPTR061 - Loan &1 not released for use in the capital transfer function ?

  The SAP error message FVD_CAPTR061 indicates that a specific loan (denoted by &1) has not been released for use in the capital transfer function. This error typically arises in the context of financial transactions involving loans and capital transfers within the SAP system, particularly in the Financial Services (FS) module.
  Cause:
  The error can occur due to several reasons:
  
  Loan Status: The loan may not be in a status that allows it to be used for capital transfer. For example, it might be in a draft status or not fully approved.
  Configuration Issues: There may be configuration settings in the system that prevent the loan from being used in capital transfers.
  Missing Authorizations: The user may not have the necessary authorizations to perform capital transfer operations on the specified loan.
  Incomplete Data: Required fields or data related to the loan may be incomplete or missing, preventing it from being processed.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Check Loan Status: Verify the status of the loan in question. Ensure that it is approved and ready for use in capital transfers.
  Review Configuration: Check the configuration settings related to capital transfers in the SAP system. Ensure that the loan type is configured correctly to allow capital transfers.
  User Authorizations: Ensure that the user attempting the capital transfer has the necessary authorizations to perform the operation on the specified loan.
  Complete Required Data: Review the loan details to ensure that all required fields are filled out correctly. If any information is missing, complete it and try again.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the capital transfer function and any prerequisites for using loans in this context.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and capital transfers, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary solutions to resolve it.