How To Fix FVD_INV_ACC709 - Product type does not correspond to investor contract


SAP Error Message - Details

  • Message type: E = Error

  • Message class: FVD_INV_ACC - Message Class for Investor Contract

  • Message number: 709

  • Message text: Product type does not correspond to investor contract

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  • Self-Explanatory Message

    Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message FVD_INV_ACC709 - Product type does not correspond to investor contract ?

    The SAP error message FVD_INV_ACC709 indicates that there is a mismatch between the product type of the transaction you are trying to process and the product type defined in the investor contract. This error typically occurs in the context of financial services, particularly in investment management or contract management modules.

    Cause:

    1. Product Type Mismatch: The product type associated with the transaction does not match the product type defined in the investor contract. This could happen if:

      • The transaction is being processed for a product that is not allowed under the terms of the investor contract.
      • The investor contract was set up with specific product types, and the current transaction is attempting to use a different one.
    2. Configuration Issues: There may be configuration issues in the system where the product types are not correctly mapped or defined.

    3. Data Entry Errors: Incorrect data entry during the creation of the transaction or the investor contract can lead to this error.

    Solution:

    1. Check Product Type: Verify the product type associated with the transaction you are trying to process. Ensure that it matches the product type defined in the investor contract.

    2. Review Investor Contract: Go to the investor contract in SAP and check the product type settings. Make sure that the product type you are trying to use is included in the contract.

    3. Adjust Transaction: If the product type is incorrect, you may need to adjust the transaction to use the correct product type that corresponds to the investor contract.

    4. Configuration Review: If you suspect a configuration issue, consult with your SAP administrator or functional consultant to review the configuration settings related to product types and investor contracts.

    5. Data Validation: Ensure that all data entries are correct and consistent. If necessary, re-enter the data to avoid any discrepancies.

    6. Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error in your version of SAP.

    Related Information:

    • Transaction Codes: Familiarize yourself with relevant transaction codes that may help in reviewing contracts and transactions, such as FVD1 (Create Investor Contract) or FVD2 (Change Investor Contract).
    • SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
    • User Roles and Permissions: Ensure that the user has the necessary permissions to access and modify investor contracts and transactions.

    If the issue persists after following these steps, it may be beneficial to engage with SAP support or your internal IT team for further assistance.

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