How To Fix FVD_DEFCAP322 - Choose a loan with an annuity repayment type

FVD_DEFCAP322 - Overview

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 322

• Message text: Choose a loan with an annuity repayment type

Self-Explanatory Message

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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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FVD_DEFCAP322 - Details

• The SAP error message FVD_DEFCAP322 typically indicates that the system requires you to select a loan that has an annuity repayment type. This error is often encountered in the context of financial transactions or loan processing within the SAP system, particularly in modules related to financial services or treasury management.
  
  Cause:
  The error occurs because the system is expecting a loan that is structured with an annuity repayment plan. An annuity repayment type means that the loan is to be repaid in regular installments that include both principal and interest, typically resulting in equal payments over the life of the loan. If you attempt to process a loan that does not meet this criterion, the system will generate this error.
  
  Solution:
  To resolve this error, you should:
  
  
  Select the Correct Loan Type: Ensure that you are selecting a loan that has been defined in the system with an annuity repayment type. You may need to