How To Fix FVD_LOCAC059 - Minimum payment must be between &1 % and &2 %

FVD_LOCAC059 - Overview

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 059

• Message text: Minimum payment must be between &1 % and &2 %

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOCAC059 - Minimum payment must be between &1 % and &2 % ?

  The SAP error message FVD_LOCAC059 indicates that there is an issue with the minimum payment percentage set in the system. This error typically arises in the context of financial transactions, particularly in the area of loan management or payment processing, where a minimum payment percentage is required.
  
  Cause:
  The error message states that the minimum payment must be between two specified percentages (&1 and &2). This means that the value you are trying to enter for the minimum payment does not fall within the acceptable range defined in the system configuration. The specific causes can include:
  
  Incorrect Configuration: The minimum payment percentage settings in the configuration may not be set correctly.
  Data Entry Error: The user may have entered a value that is outside the defined range.
  Business Rules: The business rules or policies governing the minimum payment percentages may have changed, leading to a mismatch with the current settings.
  
  
  Solution:
  To resolve the error, you can