How To Fix FVD_LOCAC090 - Changes to loan contract are not permitted due to contract status

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 090

• Message text: Changes to loan contract are not permitted due to contract status

What causes this issue?

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

System Response

How to fix this error?

Consider executing a withdrawal or a reactivation.

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_LOCAC090 - Changes to loan contract are not permitted due to contract status ?

  The SAP error message FVD_LOCAC090 indicates that changes to a loan contract are not allowed because of the current status of the contract. This typically occurs when the contract is in a status that does not permit modifications, such as "Completed," "Closed," or "Cancelled."
  Causes:
  
  
  Contract Status: The loan contract may be in a status that restricts changes. Common statuses that prevent modifications include:
  
  Completed
  Closed
  Cancelled
  Finalized
  
  
  
  Business Rules: There may be specific business rules or configurations in place that prevent changes to contracts once they reach a certain status.
  
  
  User Permissions: The user may not have the necessary permissions to make changes to contracts in certain statuses.
  
  
  Solutions:
  
  
  Check Contract Status: Review the current status of the loan contract. If it is in a status that does not allow changes, you will need to determine if the status can be changed or if a new contract needs to be created.
  
  
  Reopen or Adjust Status: If applicable, consult with your SAP administrator or business process owner to see if the contract can be reopened or if the status can be adjusted to allow for changes.
  
  
  Create a New Contract: If the contract cannot be modified due to its status, consider creating a new loan contract with the desired changes.
  
  
  Review User Permissions: Ensure that the user attempting to make the changes has the appropriate permissions to modify contracts. If not, contact your system administrator to adjust permissions.
  
  
  Consult Documentation: Refer to your organization's SAP documentation or guidelines regarding loan contract management to understand the specific rules and processes in place.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional context on contract status management.
  Transaction Codes: Familiarize yourself with relevant transaction codes for loan contract management, such as:
  
  FVD1: Create Loan Contract
  FVD2: Change Loan Contract
  FVD3: Display Loan Contract
  
  
  Training: Consider training sessions or resources on loan management in SAP to better understand the processes and restrictions involved.
  
  If the issue persists after following these steps, it may be beneficial to reach out to SAP support or your internal IT team for further assistance.