How To Fix FVD_COND_VERIFIER_D060 - Verification not possible; no product type specified for loan

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_COND_VERIFIER_D - Condition Verifier

• Message number: 060

• Message text: Verification not possible; no product type specified for loan

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_COND_VERIFIER_D060 - Verification not possible; no product type specified for loan ?

  The SAP error message FVD_COND_VERIFIER_D060 indicates that the system is unable to perform a verification because no product type has been specified for a loan. This error typically arises in the context of financial services, particularly in modules related to loans and credit management.
  Cause:
  The primary cause of this error is that the system requires a specific product type to be defined for the loan in question, but it has not been provided. This can happen due to:
  
  Missing Configuration: The product type for the loan may not be configured in the system.
  Incorrect Data Entry: The loan application or transaction may not have the necessary product type information filled in.
  System Settings: There may be issues with the settings in the financial services module that prevent the product type from being recognized.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Product Type Configuration:
  
  Navigate to the configuration settings for loan products in your SAP system.
  Ensure that the product type for the loan is defined and active.
  
  
  
  Review Loan Data:
  
  Go to the loan application or transaction that triggered the error.
  Verify that the product type field is filled in correctly. If it is blank, enter the appropriate product type.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to loan processing to ensure that all required fields are correctly populated.
  
  
  
  System Settings:
  
  If you have access, check the system settings for the financial services module to ensure that all necessary configurations are in place.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in navigating loan configurations, such as FSP0 (for product type configuration) or FVD1 (for loan management).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles: Ensure that the user has the necessary permissions to access and modify loan product types and configurations.
  
  By following these steps, you should be able to identify and rectify the cause of the error message FVD_COND_VERIFIER_D060 in your SAP system.