How To Fix FVD_LOCAC062 - Gross disbursement amount includes tolerance amount

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 062

• Message text: Gross disbursement amount includes tolerance amount

What causes this issue?

The gross disbursement amount is the sum of the available disbursement
obligation and the limit amount defined as a tolerance amount in the
settings for the product configuration.
In this case, provided that a limit is allowed, the gross disbursement
amount exceeds the available disbursement obligation.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOCAC062 - Gross disbursement amount includes tolerance amount ?

  The SAP error message FVD_LOCAC062 indicates that the gross disbursement amount includes a tolerance amount that exceeds the allowed limits. This error typically occurs in the context of financial transactions, particularly when dealing with disbursements or payments in SAP's Financial Accounting (FI) or Treasury modules.
  Cause:
  
  Tolerance Limits: The system has defined tolerance limits for payment differences (e.g., for cash discounts, rounding differences, etc.). If the gross disbursement amount exceeds these limits, the error will be triggered.
  Configuration Issues: The tolerance settings in the configuration may not align with the transaction being processed.
  Incorrect Data Entry: The amounts entered in the transaction may have been incorrectly calculated or inputted, leading to a discrepancy that exceeds the tolerance.
  
  Solution:
  
  
  Review Tolerance Settings:
  
  Navigate to the configuration settings for tolerance limits in SAP. This can typically be found under Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Tolerance Groups.
  Check the settings for the relevant tolerance group and adjust the limits if necessary.
  
  
  
  Adjust the Transaction:
  
  Review the transaction details to ensure that the amounts entered are correct. Make sure that the gross disbursement amount does not exceed the defined tolerance limits.
  If the transaction is valid but exceeds the tolerance, consider splitting the payment or adjusting the amounts to fit within the limits.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling tolerance limits and disbursement transactions.
  
  
  
  User Authorization:
  
  Ensure that the user processing the transaction has the necessary authorizations to override or adjust tolerance limits if required.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Tolerance Groups: These are used to define the limits for differences in payments and can be configured based on business requirements.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBXL (for tolerance groups) and FB60 (for vendor invoices) to navigate the system effectively.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  
  By following these steps, you should be able to resolve the error message FVD_LOCAC062 and ensure that your disbursement transactions are processed correctly.