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

FVD_FLP009 - Overview

• 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.

FVD_FLP009 - Details

• 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