How To Fix FVD_COND_VERIFIER_D061 - Verification not possible; no contract currency specified for loan

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_COND_VERIFIER_D - Condition Verifier

• Message number: 061

• Message text: Verification not possible; no contract currency 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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_COND_VERIFIER_D061 - Verification not possible; no contract currency specified for loan ?

  The SAP error message FVD_COND_VERIFIER_D061 indicates that there is an issue with the contract currency not being specified for a loan in the Financial Services module, particularly in the context of loan management. This error typically arises when the system is unable to verify conditions related to a loan because it lacks the necessary currency information.
  Cause:
  
  Missing Contract Currency: The primary cause of this error is that the loan contract does not have a specified currency. This could happen if the loan was created without defining the currency or if there was an error during the data entry process.
  Configuration Issues: There may be configuration issues in the system that prevent the currency from being recognized or assigned correctly.
  Data Inconsistencies: There could be inconsistencies in the data related to the loan, such as missing or incorrect entries in the relevant tables.
  
  Solution:
  
  
  Check Loan Contract: Review the loan contract in question to ensure that the currency is specified. You can do this by navigating to the loan contract details in the SAP system.
  
  Go to the transaction code related to loan management (e.g., FVD_LOAN or similar).
  Open the specific loan contract and check the currency field.
  If the currency is missing, update the contract to include the correct currency.
  
  
  
  Review Configuration Settings: If the currency is correctly specified in the loan contract, check the configuration settings in the SAP system.
  
  Ensure that the currency settings for loan management are correctly configured in the system.
  Check the relevant customizing settings in the SAP IMG (Implementation Guide) under Financial Services.
  
  
  
  Data Consistency Check: Perform a data consistency check to identify any discrepancies in the loan data.
  
  Use transaction codes like SE16 or SE11 to view the relevant database tables and check for any missing or incorrect entries.
  
  
  
  Consult Documentation: Refer to SAP documentation or help notes related to loan management and currency settings for additional guidance.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide specific notes or patches that address this error.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for loan management, such as FVD_LOAN, FVD_CONTRACT, and others.
  SAP Notes: Search for SAP Notes related to this error message in the SAP Support Portal, as there may be specific fixes or recommendations provided by SAP.
  User Roles and Authorizations: Ensure that the user has the necessary roles and authorizations to view and edit loan contracts.
  
  By following these steps, you should be able to resolve the error message FVD_COND_VERIFIER_D061 and ensure that the loan contract has the necessary currency specified for proper processing.