How To Fix FVD_IOA190 - IOA calculation not possible; function not activated for product type &1

FVD_IOA190 - Overview

• Message type: E = Error

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

• Message number: 190

• Message text: IOA calculation not possible; function not activated for product type &1

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_IOA190 - IOA calculation not possible; function not activated for product type &1 ?

  The SAP error message FVD_IOA190 indicates that the IOA (Interest on Arrears) calculation is not possible because the function has not been activated for the specified product type. This error typically occurs in the context of financial services or banking modules within SAP, particularly when dealing with interest calculations on loans or financial products.
  
  Cause:
  The primary cause of this error is that the IOA functionality has not been enabled for the specific product type you are working with. This can happen if:
  
  The product type is not configured to support IOA calculations.
  The necessary settings or parameters for IOA have not been maintained in the system.
  The relevant customizing settings in the SAP system have not been completed.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Product Type Configuration:
  
  Go to the customizing settings for the product type in question. This can typically be found in the SAP Easy Access menu under the Financial Services