How To Fix FVD_COND_VERIFIER061 - Verification not possible; no contract currency specified for loan

FVD_COND_VERIFIER061 - Overview

• Message type: E = Error

• Message class: FVD_COND_VERIFIER - Condition Verifier

• Message number: 061

• Message text: Verification not possible; no contract currency specified for loan

Self-Explanatory Message

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FVD_COND_VERIFIER061 - Details

• The SAP error message FVD_COND_VERIFIER061 indicates that there is an issue with the verification of a loan contract due to the absence of a specified contract currency. This error typically arises in the context of financial transactions involving loans, where the system requires a defined currency to process the contract correctly.
  
  Cause:
  The primary cause of this error is that the loan contract does not have a currency assigned to it. This can happen due to several reasons:
  
  The contract was created without specifying a currency.
  There may be a configuration issue in the system that prevents the currency from being assigned.
  Data entry errors during the creation or modification of the loan contract.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Details:
  
  Navigate to the loan contract in question and verify if the currency field is populated. If it is empty, you will need to enter the appropriate currency.
  
  
  
  Modify the Contract:
  
  If the currency