How To Fix FVD_DISB062 - Rollover contract in loan &1 is after due date

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_DISB - Messages for Disbursement

• Message number: 062

• Message text: Rollover contract in loan &1 is after due date

What causes this issue?

A rollover offer exists for this loan that is scheduled after the
payment date you have selected for the disbursement. For this reason a
disbursement is no longer possible.

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_DISB062 - Rollover contract in loan &1 is after due date ?

  The SAP error message FVD_DISB062 indicates that there is an issue with a rollover contract in a loan where the rollover date is set after the due date. This typically occurs in the context of financial transactions involving loans and their associated contracts in the SAP system.
  Cause:
  The error is triggered when the system detects that the rollover date for a loan contract is scheduled to occur after the loan's due date. This situation is not permissible because it implies that the loan would be rolled over after it is already due, which can lead to complications in financial reporting and compliance.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Loan Contract Details:
  
  Review the loan contract in question to confirm the due date and the rollover date.
  Ensure that the rollover date is set to a date that is on or before the due date.
  
  
  
  Adjust the Rollover Date:
  
  If the rollover date is indeed set incorrectly, update it to a valid date that is before or on the due date.
  This can typically be done in the loan management module of SAP.
  
  
  
  Review Business Processes:
  
  Ensure that the business processes related to loan management are correctly configured to prevent such issues in the future.
  This may involve reviewing the workflow for creating and managing loan contracts.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on managing loan contracts and rollover processes.
  
  
  
  Contact Support:
  
  If the issue persists or if you are unsure about making changes, consider reaching out to your SAP support team or a consultant who specializes in SAP Financial Services.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as FVD1 (Create Loan), FVD2 (Change Loan), and FVD3 (Display Loan).
  Configuration Settings: Review the configuration settings in the SAP system related to loan management and rollover processes to ensure they align with your organization's policies.
  User Roles and Permissions: Ensure that users have the appropriate roles and permissions to make changes to loan contracts and related settings.
  
  By following these steps, you should be able to resolve the error and ensure that your loan contracts are managed correctly within the SAP system.