How To Fix FVD_FACILITIES045 - Facility &1 is not in contract status

FVD_FACILITIES045 - Overview

• Message type: E = Error

• Message class: FVD_FACILITIES - Message class for facilities

• Message number: 045

• Message text: Facility &1 is not in contract status

What causes this issue?

Facility is not in contract status.
Drawdown creation is allowed, only if the facility is in contract
status.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_FACILITIES045 - Facility &1 is not in contract status ?

  The SAP error message FVD_FACILITIES045 indicates that a facility (identified by &1) is not in a valid contract status. This typically occurs in the context of SAP's Financial Services or Contract Management modules, where facilities (such as loans, leases, or other financial agreements) must be in a specific status to perform certain actions.
  
  Cause:
  The error can arise due to several reasons:
  
  Incorrect Status: The facility may be in a status that does not allow for the requested operation (e.g., it might be inactive, terminated, or not yet approved).
  Data Entry Error: There may have been a mistake in entering the facility details or contract information.
  System Configuration: The system may not be configured correctly to recognize the facility's status.
  Business Process Compliance: The facility may not meet the necessary business process requirements to be considered valid for the operation being attempted.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Facility Status:
  
  Navigate to the facility