How To Fix FVD_IOA124 - No active template found for company code &1 and product type &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_IOA - (New) Interest on Arrears Calculation for Loans

• Message number: 124

• Message text: No active template found for company code &1 and product type &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_IOA124 - No active template found for company code &1 and product type &2 ?

  The SAP error message FVD_IOA124 indicates that there is no active template found for a specific company code and product type in the context of the SAP Financial Services (FS) module, particularly in the area of financial products or investment management.
  Cause:
  This error typically arises due to one of the following reasons:
  
  Missing Template: The required template for the specified company code and product type has not been created or activated in the system.
  Incorrect Configuration: The configuration settings for the product type or company code may not be set up correctly, leading to the system being unable to find the appropriate template.
  Inactive Template: The template exists but is not currently active, which means it cannot be used for transactions.
  Data Entry Error: There may be a mistake in the data entry where the company code or product type is incorrectly specified.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Template Configuration:
  
  Navigate to the relevant configuration area in SAP where templates are defined (usually under Financial Services or Product Management).
  Verify if a template exists for the specified company code and product type.
  
  
  
  Create or Activate Template:
  
  If no template exists, you will need to create one. Ensure that all necessary fields are filled out correctly.
  If a template exists but is inactive, activate it to make it available for use.
  
  
  
  Review Company Code and Product Type:
  
  Double-check the company code and product type being used in the transaction to ensure they are correct.
  Make sure that the product type is compatible with the company code.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions on how to create or manage templates in your version of SAP.
  
  
  
  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:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in managing templates, such as FVD1 (for creating financial products) or FVD2 (for changing financial products).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to create or modify templates in the system.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.