How To Fix FVD_LOAN_WAIVE015 - Condition type &1 cannot be used for capital reduction

FVD_LOAN_WAIVE015 - Overview

• Message type: E = Error

• Message class: FVD_LOAN_WAIVE - CML: Message class for Withdrawal, Reduction and Reactivate

• Message number: 015

• Message text: Condition type &1 cannot be used for capital reduction

Self-Explanatory Message

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FVD_LOAN_WAIVE015 - Details

• The SAP error message FVD_LOAN_WAIVE015 indicates that a specific condition type (denoted as &1) cannot be used for capital reduction in the context of loan waivers or adjustments. This error typically arises in the Financial Services sector, particularly in the management of loans and financial products.
  
  Cause:
  The error can occur due to several reasons:
  
  Incorrect Configuration: The condition type may not be configured correctly in the system for capital reduction purposes. This could be due to missing settings in the condition type configuration.
  Inappropriate Condition Type: The condition type being used may not be intended for capital reduction. Some condition types are specifically designed for other purposes, such as interest calculation or fees.
  Business Rules: There may be business rules or policies in place that restrict the use of certain condition types for capital reductions.
  Missing Authorizations: The user may not have the necessary authorizations to perform actions related to the specified condition type.
  
  
  Solution:
  To resolve