How To Fix FVD_LOCAC060 - Annual basic charge must be between &1 and &2

FVD_LOCAC060 - Overview

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 060

• Message text: Annual basic charge 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_LOCAC060 - Annual basic charge must be between &1 and &2 ?

  The SAP error message FVD_LOCAC060 indicates that there is an issue with the annual basic charge value in a financial transaction or configuration. Specifically, it states that the annual basic charge must fall within a specified range, denoted by &1 (the minimum value) and &2 (the maximum value). 
  
  Cause:
  
  Incorrect Value Entry: The annual basic charge has been entered with a value that is either too low or too high compared to the defined limits in the system.
  
  Configuration Issues: The limits for the annual basic charge may not be correctly configured in the system settings, leading to discrepancies.
  Data Migration Issues: If data has been migrated from another system, the values may not conform to the expected range.
  Business Rules: The business rules defined in the system may have changed, and the current value does not comply with the new rules.
  
  
  Solution:
  
  Check Input Values: Review the value entered for the annual basic charge and