How To Fix FVD_ESCROW047 - Condition type &1 does not exist for the escrow account

FVD_ESCROW047 - Overview

• Message type: E = Error

• Message class: FVD_ESCROW - Message Class ESCROW

• Message number: 047

• Message text: Condition type &1 does not exist for the escrow account

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

What causes this issue?

The condition type entered does not exist for this escrow account.

System Response

How to fix this error?

Check the data you have entered and correct any incorrect entries.

Procedure for System Administrators

If your entries are correct, check the system settings and if necessary
change the settings.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_ESCROW047 - Condition type &1 does not exist for the escrow account ?

  The SAP error message FVD_ESCROW047 indicates that a specific condition type (denoted as &1) does not exist for the escrow account in the context of financial transactions or contract management. This error typically arises in the SAP Financial Services module, particularly when dealing with escrow accounts.
  
  Cause:
  
  Missing Condition Type: The specified condition type is not defined in the system for the escrow account. This could be due to configuration issues or missing entries in the relevant tables.
  Incorrect Configuration: The configuration settings for the escrow account may not have been set up correctly, leading to the system not recognizing the condition type.
  Data Entry Error: There may be a typographical error in the condition type being referenced, or it may not have been activated for the specific transaction or account type.
  
  
  Solution:
  
  
  Check Condition Type Configuration:
  
  Navigate to the configuration settings for condition types in the SAP system (usually found in the SPRO transaction).
  Verify that the