How To Fix FVD_LOCAC701 - A stop entry has been set in loan &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 701

• Message text: A stop entry has been set in loan &1

What causes this issue?

You can use <DS:DE.TB_STOP>stops</> to prevent certain business
operations from being executed for the line of credit. The reason for
a <LS>stop</> may be in an external system.

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

You cannot make a disbursement for this line of credit
while this stop is set. You can display existing disbursements
but cannot make any changes to them.

System Response

How to fix this error?

Check the cause of the stop and if necessary have the stop
deleted.

Procedure for System Administrators

You can process <LS>stops</> in the
<DS:TRAN.FN_STOP_ADMIN>Manage Stops</> transaction.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOCAC701 - A stop entry has been set in loan &1 ?

  The SAP error message FVD_LOCAC701 indicates that a stop entry has been set for a loan in the system. This typically means that the loan is no longer active for processing due to certain conditions that have been met, such as the loan being fully paid, terminated, or otherwise flagged for inactivation.
  Cause:
  
  Loan Termination: The loan may have been terminated or fully paid off, leading to a stop entry.
  Manual Stop Entry: A user may have manually set a stop entry for the loan due to various reasons, such as compliance issues or internal policies.
  System Configuration: Certain configurations in the SAP system may automatically set stop entries based on specific criteria or events.
  
  Solution:
  
  Check Loan Status: Review the status of the loan in the system to confirm if it has been terminated or fully paid. You can do this by navigating to the loan management module and checking the loan details.
  Review Stop Entry Reason: Investigate the reason for the stop entry. This may involve checking logs or documentation related to the loan.
  Remove Stop Entry: If the stop entry was set in error or if the conditions for the stop entry have changed, you may need to remove the stop entry. This typically requires appropriate authorization and may involve:
  
  Accessing the loan record in the SAP system.
  Navigating to the relevant section where stop entries are managed.
  Removing or modifying the stop entry as necessary.
  
  
  Consult with Finance Team: If you are unsure about the implications of removing a stop entry, consult with your finance or compliance team to ensure that it aligns with company policies and regulations.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as:
  
  FVD1: Create Loan
  FVD2: Change Loan
  FVD3: Display Loan
  
  
  Documentation: Review SAP documentation or help files related to loan management and stop entries for more detailed guidance.
  User Roles: Ensure that you have the necessary permissions to view and modify loan entries in the system.
  
  If the issue persists or if you encounter additional errors, it may be beneficial to reach out to your SAP support team or consult SAP Notes for further troubleshooting steps.