How To Fix FVD_CNCL205 - Rescission indicator was deleted for &1 contracts

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 205

• Message text: Rescission indicator was deleted for &1 contracts

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CNCL205 - Rescission indicator was deleted for &1 contracts ?

  The SAP error message FVD_CNCL205 indicates that the rescission indicator has been deleted for a specific contract. This message typically arises in the context of contract management within the SAP system, particularly when dealing with financial contracts or agreements.
  Cause:
  The error message is triggered when an attempt is made to process a contract that has had its rescission indicator removed. The rescission indicator is used to mark contracts that can be rescinded or canceled under certain conditions. If this indicator is deleted, it may lead to inconsistencies in the contract's status or processing logic.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Status: Verify the status of the contract in question. Ensure that the contract is in a state that allows for the intended operation (e.g., rescission, cancellation).
  
  
  Restore Rescission Indicator: If the rescission indicator was deleted in error, you may need to restore it. This can typically be done through the contract management transaction in SAP. You may need appropriate authorization to make changes to the contract.
  
  
  Review Change Logs: Check the change logs for the contract to understand why the rescission indicator was deleted. This can provide insights into whether it was a user error or a system issue.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines regarding contract management to ensure compliance with processes.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP's customer support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for contract management, such as FVD1 (Create Contract), FVD2 (Change Contract), and FVD3 (Display Contract).
  Authorization: Ensure that you have the necessary authorizations to view and modify contract details.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional context or solutions.
  Training: If you frequently encounter issues with contract management, consider additional training or resources to better understand the system's functionalities.
  
  By following these steps, you should be able to address the FVD_CNCL205 error and ensure proper handling of contracts within your SAP system.