How To Fix FVD_CNCL058 - Contract is or will be discharged; rescission is not possible

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 058

• Message text: Contract is or will be discharged; rescission is not possible

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CNCL058 - Contract is or will be discharged; rescission is not possible ?

  The SAP error message FVD_CNCL058 indicates that a contract is either already discharged or will be discharged, which means that it cannot be rescinded or canceled. This typically occurs in the context of contract management within SAP, particularly in the Financial Services sector.
  Cause:
  
  Contract Discharge: The contract has already been discharged, meaning that it has been completed, fulfilled, or otherwise finalized, and no further actions can be taken on it.
  Future Discharge: The contract is scheduled to be discharged in the near future, which prevents any rescission or cancellation actions from being performed.
  Business Logic: The system is designed to prevent changes to contracts that are in a finalized state to maintain data integrity and compliance with business rules.
  
  Solution:
  
  Check Contract Status: Review the status of the contract in question. If it is already discharged, you will not be able to rescind it. You may need to create a new contract or adjust your business processes accordingly.
  Review Future Discharge Dates: If the contract is set to be discharged soon, you may need to wait until the discharge process is complete before attempting to rescind or cancel it.
  Consult Documentation: Refer to your organization's SAP documentation or guidelines regarding contract management to understand the implications of discharging contracts and the processes involved.
  Contact Support: If you believe this message is in error or if you need further assistance, consider reaching out to your SAP support team or a consultant who specializes in SAP Financial Services.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional context or solutions for this error message.
  Transaction Codes: Familiarize yourself with transaction codes related to contract management (e.g., FVD1, FVD2, etc.) to navigate the system effectively.
  Training: Consider training sessions or workshops on contract management within SAP to better understand the processes and avoid similar issues in the future.
  
  By following these steps, you should be able to address the error message and understand the implications of contract discharges in your SAP environment.