How To Fix FVD_LOAN038 - Main borrower &1 of loan &2 is not released

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOAN - Messages for the Contract Object in the Business Operations

• Message number: 038

• Message text: Main borrower &1 of loan &2 is not released

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_LOAN038 - Main borrower &1 of loan &2 is not released ?

  The SAP error message FVD_LOAN038 indicates that the main borrower of a loan is not released. This typically occurs in the context of financial transactions involving loans in the SAP system, particularly in the Financial Services (FS) module.
  Cause:
  The error message is triggered when the main borrower (identified by &1) of a specific loan (identified by &2) has not been released for processing. This can happen due to several reasons, including:
  
  Incomplete Data: The borrower’s data may not be fully maintained or is missing required information.
  Approval Process: The borrower may be in a pending state due to an approval process that has not been completed.
  Status Issues: The borrower may have a status that does not allow for the loan to be processed (e.g., inactive, blocked).
  Configuration Issues: There may be configuration settings in the SAP system that prevent the borrower from being released.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Borrower Status:
  
  Navigate to the borrower’s master data in the SAP system.
  Ensure that the borrower is in an active and released status.
  
  
  
  Complete Required Data:
  
  Verify that all necessary information for the borrower is filled out correctly.
  Ensure that any mandatory fields are completed.
  
  
  
  Approval Workflow:
  
  If there is an approval process in place, check if the borrower is pending approval.
  Follow up with the relevant personnel to ensure that the approval is completed.
  
  
  
  Review Configuration:
  
  Consult with your SAP administrator or functional consultant to review the configuration settings related to borrower management.
  Ensure that the settings allow for the borrower to be released.
  
  
  
  Transaction Logs:
  
  Check transaction logs for any additional error messages or warnings that may provide more context on the issue.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance related to the FVD_LOAN038 error.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FVD1 (Create Loan) or FVD2 (Change Loan) to access loan details.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide patches/updates.
  User Roles: Ensure that the user has the necessary permissions to view and modify borrower data.
  
  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.