How To Fix FVD_LOCAC070 - Condition does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 070

• Message text: Condition does not exist

What causes this issue?

You have attempted to select the following conditions &V2& for contract
&V1&:
Condition Type: &v3&
Effective from: &v4&

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

This condition does not exist.

System Response

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_LOCAC070 - Condition does not exist ?

  The SAP error message FVD_LOCAC070: Condition does not exist typically occurs in the context of the SAP Financial Services module, particularly when dealing with conditions related to financial transactions, such as pricing or payment terms.
  Cause:
  This error message usually indicates that the system is unable to find a specific condition record that is required for processing a transaction. The reasons for this could include:
  
  Missing Condition Records: The condition record that is being referenced does not exist in the system. This could be due to incorrect configuration or missing data.
  Incorrect Configuration: The configuration settings for the pricing or conditions may not be set up correctly, leading to the system not being able to find the necessary conditions.
  Data Inconsistencies: There may be inconsistencies in the master data or transaction data that prevent the system from locating the required condition.
  Authorization Issues: The user may not have the necessary authorizations to access the condition records.
  
  Solution:
  To resolve the FVD_LOCAC070 error, you can take the following steps:
  
  
  Check Condition Records:
  
  Go to the relevant transaction (e.g., VK11 for creating condition records) and verify if the condition records exist for the specific condition type you are trying to use.
  If they do not exist, create the necessary condition records.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the SAP system related to pricing or conditions. Ensure that all necessary settings are correctly configured.
  Use transaction SPRO to navigate to the relevant configuration area and verify the settings.
  
  
  
  Data Consistency Check:
  
  Ensure that the master data (e.g., customer master, material master) is consistent and correctly maintained.
  Check if there are any missing or incorrect entries that could affect the condition determination.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to access and modify condition records. If not, consult with your SAP security team to obtain the required permissions.
  
  
  
  Debugging:
  
  If the issue persists, consider debugging the transaction to identify where the condition lookup is failing. This may require assistance from a technical consultant.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific condition type or transaction you are working with for any additional insights or known issues.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as VK11 (Create Condition), VK12 (Change Condition), and VK13 (Display Condition).
  SAP Notes: Check SAP Notes for any known issues or patches related to the error message.
  Support: If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the FVD_LOCAC070 error in your SAP system.