How To Fix FVD_FACILITIES024 - No drawdown product type assigned to product group &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_FACILITIES - Message class for facilities

• Message number: 024

• Message text: No drawdown product type assigned to product group &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_FACILITIES024 - No drawdown product type assigned to product group &1 ?

  The SAP error message FVD_FACILITIES024 indicates that there is no drawdown product type assigned to the specified product group in the system. This error typically occurs in the context of financial services, particularly when dealing with loan products or credit facilities in SAP's Financial Services module.
  Cause:
  The error is caused by the absence of a configuration that links a drawdown product type to the specified product group. This can happen due to:
  
  Missing Configuration: The product group has not been properly configured to include a drawdown product type.
  Incorrect Product Group: The product group being referenced may not be intended for drawdown products.
  Data Inconsistency: There may be inconsistencies in the master data or configuration settings.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Product Group Configuration:
  
  Navigate to the configuration settings for the product group in the SAP system.
  Ensure that a valid drawdown product type is assigned to the product group in question.
  
  
  
  Assign Drawdown Product Type:
  
  If no drawdown product type is assigned, you will need to create or assign an appropriate drawdown product type to the product group.
  This can typically be done in the customizing settings under Financial Services (FS) -> Product Management -> Product Group.
  
  
  
  Review Master Data:
  
  Check the master data for the product group to ensure that it is correctly set up and that all necessary fields are populated.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific instructions on how to configure product groups and drawdown product types.
  
  
  
  Testing:
  
  After making the necessary changes, test the functionality again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO for configuration or FSP0 for product management.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary permissions to make changes to product configurations in SAP.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the Financial Services module.