How To Fix FVD_LOCAC057 - Periodic charge must be between &1 and &2


FVD_LOCAC057 - Overview

  • Message type: E = Error

  • Message class: FVD_LOCAC - Messages for Loan Core Account

  • Message number: 057

  • Message text: Periodic charge must be between &1 and &2

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  • Self-Explanatory Message

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    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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FVD_LOCAC057 - Details

  • The SAP error message FVD_LOCAC057 indicates that there is an issue with the periodic charge settings in the system. Specifically, it states that the periodic charge must fall within a specified range, denoted by &1 (the minimum value) and &2 (the maximum value). This error typically occurs in the context of financial transactions, particularly in the area of contract accounts or billing.
    
    Cause: The error is usually caused by one of the following reasons: Invalid Periodic Charge Value: The value entered for the periodic charge is outside the allowed range defined in the system settings.
    Configuration Issues: The configuration settings for the periodic charge limits may not be set correctly in the system. Data Entry Error: There may have been a mistake in data entry, leading to an incorrect value being inputted.
    Solution: To resolve the error, you can take the following steps: Check the Input Value: Verify the value you are trying to enter for the periodic charge.

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