How To Fix FVD_EXP_CP_MSG006 - Product type &1 not valid

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_EXP_CP_MSG - CML: Pooling of Loans for Funding Management

• Message number: 006

• Message text: Product type &1 not valid

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_EXP_CP_MSG006 - Product type &1 not valid ?

  The SAP error message FVD_EXP_CP_MSG006 indicates that the product type specified in a transaction is not valid. This error typically occurs in the context of financial services or product management within SAP, particularly in modules related to financial products or contract management.
  Cause:
  
  Invalid Product Type: The product type specified in the transaction does not exist in the system or is not configured correctly.
  Configuration Issues: The product type may not be activated or may not be assigned to the relevant application area.
  Data Entry Error: There may be a typographical error in the product type code entered by the user.
  Authorization Issues: The user may not have the necessary authorizations to access or use the specified product type.
  
  Solution:
  
  Check Product Type: Verify that the product type you are trying to use is correctly defined in the system. You can do this by navigating to the relevant configuration settings in SAP.
  Configuration Review: Ensure that the product type is properly configured and activated in the system. This may involve checking the customizing settings in transaction SPRO.
  Correct Data Entry: Double-check the product type code for any typographical errors. Ensure that you are using the correct code as defined in the system.
  Authorization Check: Ensure that the user has the necessary authorizations to access the product type. This may involve checking user roles and permissions.
  Consult Documentation: Refer to SAP documentation or help files for specific details on the product type and its configuration.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in checking product types, such as SPRO for configuration or SE11 for data dictionary checks.
  SAP Notes: Look for any SAP Notes related to this error message for additional insights or patches that may resolve the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed and resolved.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.