How To Fix FVD_DEFCAP313 - Deferral term exceeds the maximum duration of &1 months

FVD_DEFCAP313 - Overview

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 313

• Message text: Deferral term exceeds the maximum duration of &1 months

What causes this issue?

The deferral term has exceeded the maximum term allowed for a deferral
agreement .

System Response

The system displays a warning message.

How to fix this error?

Choose one of the following solutions:
Choose a deferral plan such that the maximum term of the deferral
agreement falls within the maximum term allowed for a deferral agreement
(in months).
Contact your system administrator to increase the maximum term allowed
for a deferral agreement.

Procedure for System Administrators

Enter the required maximum term allowed for a deferral agreement (in
months) in Customizing for FS-CML under <ZK><LS>SAP Banking -> Loans
Management -> Functions -> Business Operations -> Deferral -> Determine
Basic Settings.</></>

Error message extract from SAP system. Copyright SAP SE.

FVD_DEFCAP313 - Details

• The SAP error message FVD_DEFCAP313 indicates that the deferral term specified in a financial transaction exceeds the maximum duration allowed, which is defined by the system configuration. This error typically occurs in the context of financial services, particularly in the areas of loan management, leasing, or similar financial products where deferral terms are applicable.
  
  Cause:
  The error is triggered when:
  
  The deferral term you are trying to set for a transaction exceeds the maximum limit defined in the system settings.
  The configuration for the maximum deferral term has been set to a specific number of months, and the value you are trying to use surpasses this limit.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Deferral Term: Review the deferral term you are trying to enter. Ensure that it does not exceed the maximum duration allowed by the system.
  
  
  Adjust the Deferral Term: If the term exceeds the maximum limit, you will need