How To Fix FVD_LOCAC094 - Term must be between &1 and &2 months, according to product definition

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 094

• Message text: Term must be between &1 and &2 months, according to product definition

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_LOCAC094 - Term must be between &1 and &2 months, according to product definition ?

  The SAP error message FVD_LOCAC094 indicates that a term (likely a loan term or a payment term) specified in a transaction or configuration is outside the acceptable range defined in the product settings. The message specifies that the term must be between two values (denoted as &1 and &2 months).
  Cause:
  
  Incorrect Input: The term you are trying to enter is either too short or too long compared to the allowed range defined in the product configuration.
  Product Definition: The product you are working with has specific parameters set for the term duration, and your input does not comply with these parameters.
  Configuration Issues: There may be an issue with how the product is configured in the system, leading to incorrect term limits.
  
  Solution:
  
  
  Check Product Configuration: 
  
  Go to the product definition in the SAP system and verify the allowed term range. This can usually be found in the product master data or configuration settings.
  Ensure that the term you are trying to enter falls within the specified range.
  
  
  
  Adjust Input: 
  
  If the term you are entering is incorrect, adjust it to fall within the specified range (between &1 and &2 months).
  If you are unsure of the correct term, consult with your product manager or refer to the product documentation.
  
  
  
  Review Transaction Data: 
  
  If the error occurs during a transaction, review the data being entered to ensure all fields comply with the product definition.
  
  
  
  Consult Documentation: 
  
  Refer to SAP documentation or help resources for further clarification on the specific product and its term requirements.
  
  
  
  Contact Support: 
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for assistance.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  Transaction Codes: Familiarize yourself with transaction codes related to product configuration (e.g., FS00 for financial services, or specific transaction codes for loan management).
  User Roles: Ensure that you have the necessary permissions to view and modify product definitions in the system.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.