How To Fix FVD_DEFCAP051 - Deferral is not activated for product type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 051

• Message text: Deferral is not activated for product type &1

What causes this issue?

The deferral has not been released in Customizing for product type &V1&
for the loan.

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?

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_DEFCAP051 - Deferral is not activated for product type &1 ?

  The SAP error message FVD_DEFCAP051 indicates that deferral is not activated for a specific product type in the system. This error typically arises in the context of financial transactions, particularly when dealing with products that have deferral capabilities, such as loans or financial instruments.
  Cause:
  The primary cause of this error is that the product type specified in the transaction does not have deferral functionality enabled in the system. This can happen due to:
  
  Configuration Settings: The product type may not be configured to allow deferral in the SAP system.
  Missing Customization: The necessary settings for deferral might not have been set up during the configuration of the product type.
  Incorrect Product Type: The product type being used in the transaction may not be intended for deferral.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Product Type Configuration:
  
  Go to the configuration settings for the product type in the SAP system.
  Ensure that the deferral functionality is activated for the specific product type. This can usually be done in the Financial Services (FS) module or the relevant configuration area.
  
  
  
  Modify Product Type Settings:
  
  If deferral is not activated, you may need to modify the settings to enable it. This typically involves accessing the customizing transaction (such as SPRO) and navigating to the relevant section for product types.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to the specific product type and deferral settings to ensure that all necessary configurations are in place.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error no longer occurs and that deferral is functioning as expected.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue through configuration changes, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in checking or modifying product type settings, such as:
  
  SPRO (Customizing)
  FSP0 (Product Type Configuration)
  
  
  
  Documentation: Review SAP notes and guides related to financial product configuration and deferral processes.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to product type configurations.
  
  
  By following these steps, you should be able to address the FVD_DEFCAP051 error and ensure that deferral is properly activated for the relevant product type in your SAP system.