How To Fix FVD_LOCAC087 - Loan officer with mandatory activity type &1 was not found for loan

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 087

• Message text: Loan officer with mandatory activity type &1 was not found for loan

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOCAC087 - Loan officer with mandatory activity type &1 was not found for loan ?

  The SAP error message FVD_LOCAC087 indicates that a loan officer with a mandatory activity type specified in the system was not found for a particular loan. This error typically arises in the context of loan management within the SAP Financial Services module, particularly in the area of loan processing and management.
  Cause:
  
  Missing Loan Officer Assignment: The loan officer responsible for the loan may not be assigned correctly in the system.
  Incorrect Activity Type: The activity type specified as mandatory may not have a corresponding loan officer assigned.
  Configuration Issues: There may be configuration issues in the system that prevent the correct assignment of loan officers to activity types.
  Data Inconsistencies: There could be inconsistencies in the master data related to loan officers or activity types.
  
  Solution:
  
  
  Check Loan Officer Assignment:
  
  Navigate to the loan management area in SAP and verify that the loan officer is correctly assigned to the loan in question.
  Ensure that the loan officer has the necessary authorizations and is active in the system.
  
  
  
  Verify Activity Type:
  
  Check the configuration of activity types in the system to ensure that the mandatory activity type is correctly defined and linked to the appropriate loan officer.
  If the activity type is not correctly set up, you may need to adjust the configuration.
  
  
  
  Update Master Data:
  
  Ensure that the master data for loan officers is complete and accurate. This includes checking for any missing or incorrect entries related to the loan officer's profile.
  
  
  
  Consult Configuration Settings:
  
  Review the configuration settings in the SAP system related to loan management and activity types. This may involve checking transaction codes like SPRO for configuration settings.
  Ensure that the settings for mandatory activity types are correctly defined.
  
  
  
  Testing:
  
  After making the necessary changes, test the loan processing again to see if the error persists.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the error message and related configurations.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FVD1 (Create Loan), FVD2 (Change Loan), and FVD3 (Display Loan) to manage loan data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user roles and authorizations are set up correctly for loan officers and related activities.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who specializes in SAP Financial Services.