How To Fix FVD_DEFAULT_OL005 - Days past due = zero but payment status is "delinquent"

FVD_DEFAULT_OL005 - Overview

• Message type: E = Error

• Message class: FVD_DEFAULT_OL - Loans Management: Default Application Logic

• Message number: 005

• Message text: Days past due = zero but payment status is "delinquent"

What causes this issue?

When the loan was called the system determined that the loan is not
delinquent (number of days past due is zero) despite the fact that the
overall status of the loan is still <LS>Delinquent</>.

System Response

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

How to fix this error?

Check whether the dunning run has been executed correctly
Check whether the payment status has been reset to <LS>Normal.</>
Check whether the dunning level has been reset to <LS>Zero</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_DEFAULT_OL005 - Days past due = zero but payment status is "delinquent" ?

  The SAP error message FVD_DEFAULT_OL005 indicates that there is a discrepancy in the payment status of a customer account, specifically that the "Days past due" is reported as zero, yet the payment status is marked as "delinquent." This situation can arise due to several reasons, and understanding the cause is essential for resolving the issue.
  Causes:
  
  Data Entry Errors: Incorrect data entry in the customer account or payment terms can lead to inconsistencies in the payment status.
  System 
  Configuration Issues: The configuration settings in the SAP system regarding payment terms, dunning procedures, or credit management may not be set up correctly.
  Timing Issues: If a payment was made recently but not yet processed or reflected in the system, it could lead to a temporary state where the account shows as delinquent.
  Dunning Process: The dunning process may have flagged the account as delinquent based on previous overdue amounts, even if the current status shows no