How To Fix FVD_CUSTOMIZING103 - Financial Asset Management Active is not set for company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CUSTOMIZING -

• Message number: 103

• Message text: Financial Asset Management Active is not set for company code &1

What causes this issue?

The <LS>Financial Assets Management Active</> indicator is not set in
the definition of the company code. As a result, incoming payments are
not passed on to Loans Management.

System Response

Customizing error. The system cannot operate.

How to fix this error?

Activate the indicator in the settings for the company code.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CUSTOMIZING103 - Financial Asset Management Active is not set for company code &1 ?

  The SAP error message FVD_CUSTOMIZING103 indicates that the Financial Asset Management (FAM) functionality is not activated for the specified company code. This error typically arises when you attempt to perform operations related to financial asset management without having the necessary configuration in place.
  
  Cause:
  The primary cause of this error is that the Financial Asset Management (FAM) feature has not been activated for the specific company code in the SAP system. This can happen if:
  
  The company code was created without enabling FAM.
  The necessary customizing settings have not been completed.
  
  
  Solution:
  To resolve this error, you need to activate Financial Asset Management for the affected company code. Here are the steps to do this:
  
  
  Access the Customizing Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Financial Asset Management -> Basic Settings -> Activate Financial Asset Management
  
  
  
  
  Activate FAM for the Company Code:
  
  In the configuration