How To Fix FVD_CNCL033 - Rescission was created; execute using FZUA

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CNCL - Cancel Loan / Credit Life Insurance

• Message number: 033

• Message text: Rescission was created; execute using FZUA

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CNCL033 - Rescission was created; execute using FZUA ?

  The SAP error message FVD_CNCL033 indicates that a rescission (cancellation) has been created for a specific financial transaction, and it suggests that you should execute the transaction using the transaction code FZUA. This error typically occurs in the context of financial services or contract management within SAP, particularly when dealing with cancellations or adjustments to financial documents.
  Cause:
  The error message is triggered when:
  
  A rescission has been initiated for a financial transaction, which means that the original transaction has been canceled or reversed.
  The system requires you to use a specific transaction code (FZUA) to process or finalize the rescission.
  
  Solution:
  To resolve this error, follow these steps:
  
  
  Use Transaction Code FZUA:
  
  Go to the SAP GUI and enter the transaction code FZUA in the command field.
  This transaction is specifically designed to handle rescissions and will allow you to process the cancellation properly.
  
  
  
  Review the Rescission Details:
  
  Once in the FZUA transaction, review the details of the rescission that has been created.
  Ensure that all necessary information is correct and complete.
  
  
  
  Execute the Rescission:
  
  Follow the prompts in the FZUA transaction to execute the rescission.
  Make sure to save your changes and confirm that the rescission has been processed successfully.
  
  
  
  Check for Additional Errors:
  
  If you encounter further issues, check for any additional error messages or logs that may provide more context on what might be wrong.
  Ensure that you have the necessary authorizations to perform the rescission.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with other related transaction codes that may be useful in managing financial transactions, such as FZ01 (Create Rescission) and FZ02 (Change Rescission).
  Documentation: Refer to SAP documentation or help files for detailed instructions on using the FZUA transaction and understanding rescissions in your specific SAP environment.
  User Roles and Authorizations: Ensure that your user role has the necessary permissions to execute rescissions and related financial transactions.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial transactions within SAP.