How To Fix FVD_FLP006 - Set the Forward Loan Purchase indicator for contract &1

FVD_FLP006 - Overview

• Message type: E = Error

• Message class: FVD_FLP - CML: FLP related messages

• Message number: 006

• Message text: Set the Forward Loan Purchase indicator for contract &1

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?

You did not set the <ZK>Forward Loan Purchase</> indicator during
creation of the contract.

System Response

How to fix this error?

On the <ZK>Contract Creation </>screen (transaction FNV1) or on the
<ZK>Contract Change </>screen (transaction FNVM), set the <ZK>Forward
Loan Purchase </>indicator.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FVD_FLP006 - Details

• The SAP error message FVD_FLP006 indicates that the Forward Loan Purchase indicator has not been set for a specific contract. This error typically arises in the context of financial transactions involving forward loan purchases in SAP's Financial Services module.
  
  Cause:
  The error occurs when a user attempts to execute a transaction or process related to a forward loan purchase, but the system detects that the relevant contract does not have the Forward Loan Purchase indicator activated. This indicator is essential for the system to recognize that the contract is intended for forward loan purchase processing.
  
  Solution:
  To resolve this error, you need to set the Forward Loan Purchase indicator for the specified contract. Here are the steps to do this:
  
  
  Access the Contract:
  
  Navigate to the contract management area in SAP where the contract is maintained. This could be through transaction codes like FVD_CONTRACT or similar, depending on your SAP version and configuration.
  
  
  
  Edit the Contract:
  
  Open the