How To Fix FVD_FLP009 - Disbursement not possible; contract belongs to forward loan purchase

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_FLP - CML: FLP related messages

• Message number: 009

• Message text: Disbursement not possible; contract belongs to forward loan purchase

What causes this issue?

The contract belongs to a forward loan purchase. Disbursement is not
permitted until necessary actions have been executed for the forward
loan purchase in <ZK>Treasury and Risk Management</> <ZK>(TR)</> .

System Response

If you try to disburse a contract that is part of a forward loan
purchase and the status of the forward loan purchase is <ZK>Not
Delivered, </>then the system issues an error message.

How to fix this error?

Execute the necessary actions in <ZK>Treasury and Risk Management
</>for the forward loan purchase. Set the status of the forward loan
purchase to <ZK>Delivered</>.

Procedure for System Administrators

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_FLP009 - Disbursement not possible; contract belongs to forward loan purchase ?

  The SAP error message FVD_FLP009 indicates that a disbursement cannot be processed because the contract in question is associated with a forward loan purchase. This typically occurs in the context of financial transactions involving loans and contracts in SAP's Financial Services module.
  Cause:
  The error arises when you attempt to disburse funds for a contract that is classified as a forward loan purchase. In this scenario, the system restricts disbursement because the contract is not in a state that allows for immediate disbursement. Forward loan purchases are typically agreements where the loan is set to be disbursed at a future date, and the system enforces rules to prevent premature disbursement.
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check Contract Status: Verify the status of the contract. Ensure that it is indeed a forward loan purchase and check if the disbursement date has arrived.
  
  
  Adjust Disbursement Date: If the contract is set for a future disbursement, you may need to wait until the specified date before attempting to process the disbursement.
  
  
  Review Contract Configuration: Ensure that the contract is configured correctly in the system. If there are any discrepancies in the contract settings, they may need to be corrected.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines regarding forward loan purchases to understand the specific rules and processes that apply.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  Related Information:
  
  Forward Loan Purchase: This is a financial agreement where a loan is agreed upon but not disbursed until a future date. Understanding the terms and conditions of such contracts is crucial for managing disbursements.
  SAP Financial Services Module: Familiarize yourself with the functionalities and limitations of the SAP Financial Services module, particularly regarding loan management and disbursement processes.
  Error Handling in SAP: Learn about common error messages in SAP and how to troubleshoot them effectively. This can help in resolving similar issues in the future.
  
  By following these steps and understanding the context of the error, you should be able to address the disbursement issue related to the forward loan purchase contract.