How To Fix FVD_DEFCAP303 - Deferral interest rate should be between &1 % and &2 %

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 303

• Message text: Deferral interest rate should be between &1 % and &2 %

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_DEFCAP303 - Deferral interest rate should be between &1 % and &2 % ?

  The SAP error message FVD_DEFCAP303 indicates that the deferral interest rate specified in a transaction or configuration is outside the acceptable range defined by the system. This error typically occurs in the context of financial transactions, particularly in the area of deferral accounting or financing.
  Cause:
  The error is triggered when the interest rate you are trying to set for deferral is either:
  
  Below the minimum threshold (&1 %)
  Above the maximum threshold (&2 %)
  
  These thresholds are usually defined in the system configuration and can vary based on business rules, regulatory requirements, or specific financial product settings.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Interest Rate: Review the interest rate you are trying to enter. Ensure that it falls within the specified range. If it does not, adjust it accordingly.
  
  
  Review Configuration Settings:
  
  Navigate to the relevant configuration settings in SAP where the deferral interest rates are defined.
  Check the settings for the minimum and maximum interest rates allowed for deferrals. This can typically be found in the Financial Services (FS) module or the specific area related to your financial products.
  
  
  
  Consult Documentation: If you are unsure about the acceptable ranges, consult the SAP documentation or your organization's financial policies to understand the rationale behind the defined limits.
  
  
  Contact Support: If you believe the interest rate you are trying to use should be valid but still receive the error, consider reaching out to your SAP support team or a consultant for further assistance. They may need to check for any system updates or configuration issues.
  
  
  Testing: After making adjustments, test the transaction again to ensure that the error no longer occurs.
  
  
  Related Information:
  
  Transaction Codes: Depending on your SAP version, you may need to use specific transaction codes to access the configuration settings (e.g., SPRO for configuration).
  Documentation: Review SAP Notes and Knowledge Base Articles related to deferral interest rates for any additional insights or updates.
  User Roles: Ensure that you have the necessary permissions to make changes to the configuration settings if required.
  
  By following these steps, you should be able to resolve the FVD_DEFCAP303 error and proceed with your financial transactions in SAP.