How To Fix FVD_CAPTR299 - Target loan &1 does not have the target status 'contract'

FVD_CAPTR299 - Overview

• Message type: E = Error

• Message class: FVD_CAPTR - Messages for the Capital Transfer

• Message number: 299

• Message text: Target loan &1 does not have the target status 'contract'

What causes this issue?

According to the Customizing settings for the capital transfer, target
loan &V1& from product type &V2& in company code &V4& is not assigned
the internal status <LS>Contract</> when activated.

System Response

The capital transfer can only be activated when the target loan has the
target status <LS>Contract</>.

How to fix this error?

Select another suitable loan or change the target status for product
type &V2& in company code &V3& in the IMG activity
<DS:SIMG.KT_STEUERDATEN>Define General Control Data</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CAPTR299 - Target loan &1 does not have the target status 'contract' ?

  The SAP error message FVD_CAPTR299 indicates that the target loan specified in the transaction does not have the required status of 'contract'. This typically occurs in the context of financial transactions involving loans or credit agreements in the SAP system, particularly in the Financial Services sector.
  
  Cause:
  
  Incorrect Loan Status: The target loan may not be in the correct status. For example, it might be in a status such as 'draft', 'pending', or 'canceled' instead of 'contract'.
  Data Entry Error: There may have been a mistake in entering the loan number or details, leading to referencing a loan that is not active or valid.
  System Configuration: The system may not be configured correctly to recognize the loan status transitions, or there may be issues with the underlying data integrity.
  Business Process Compliance: The business process may require that certain conditions be met before a loan can be considered a 'contract'.
  
  
  Solution:
  
  Check Loan Status: Verify the status