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

FVD_LOCAC701 - Overview

• 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.

FVD_LOCAC701 - Details

• 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 This typically means that the loan is no longer active for processing due to certain conditions that have been met, such as the loan being fully paid, terminated, or otherwise flagged for inactivation.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