How To Fix FVD_LOCAC063 - Loan &1 &2 is not a Line of Credit

FVD_LOCAC063 - Overview

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 063

• Message text: Loan &1 &2 is not a Line of Credit

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_LOCAC063 - Loan &1 &2 is not a Line of Credit ?

  The SAP error message FVD_LOCAC063 indicates that the loan specified (identified by &1 and &2) is not recognized as a Line of Credit in the system. This error typically arises in the context of financial transactions involving loans and credit management within the SAP system, particularly in the Financial Services sector.
  
  Cause:
  
  Incorrect Loan Type: The loan referenced may not be set up as a Line of Credit in the system. It could be categorized differently (e.g., term loan, installment loan).
  
  Configuration Issues: The configuration settings in the SAP system may not correctly define the loan as a Line of Credit.
  Data Entry Errors: There may be a mistake in the data entry, such as incorrect loan identifiers or parameters.
  Master Data Issues: The master data for the loan may not be properly maintained, leading to the system not recognizing it as a Line of Credit.
  
  
  Solution:
  
  Verify Loan Type: Check the loan type in the system