How To Fix FVD_IOA144 - Loan &1 not released for interest on arrears calculation

FVD_IOA144 - Overview

• Message type: E = Error

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

• Message number: 144

• Message text: Loan &1 not released for interest on arrears calculation

What causes this issue?

There are several possible reasons for this: The loan
is not a loan given
is not a consumer loan
is set up so that posting using a FI customer account is not permitted
or
cannot be posted to a FI customer account

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_IOA144 - Loan &1 not released for interest on arrears calculation ?

  The SAP error message FVD_IOA144 indicates that a loan (identified by &1) has not been released for interest on arrears calculation. This typically occurs in the context of financial transactions involving loans, where interest calculations are necessary for overdue payments.
  
  Cause:
  
  Loan Status: The loan may not be in a status that allows for interest calculations. For example, it might be in a "pending" or "inactive" state.
  Release Process: The loan has not been properly released for interest calculation, which may involve missing steps in the loan processing workflow.
  
  Configuration Issues: There may be configuration settings in the SAP system that prevent the loan from being eligible for interest on arrears calculations.
  Data Entry Errors: Incorrect or incomplete data entries related to the loan could also lead to this error.
  
  
  Solution:
  
  Check Loan Status: Verify the status of the loan in the system. Ensure that it is active and eligible for interest calculations.
  Release the Loan: If the