How To Fix FVD_LOS016 - Define derivation value for sales product &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOS - Message Class for Loan Origination

• Message number: 016

• Message text: Define derivation value for sales product &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOS016 - Define derivation value for sales product &1 ?

  The SAP error message FVD_LOS016 indicates that there is a missing derivation value for a sales product in the system. This error typically arises in the context of SAP's Financial Services (FS) module, particularly when dealing with sales products in the context of financial transactions or product management.
  Cause:
  The error occurs when the system expects a derivation value for a specific sales product (denoted by &1 in the error message) but cannot find it. This can happen due to several reasons:
  
  Missing Configuration: The derivation values for the sales product have not been defined in the system.
  Incorrect Master Data: The sales product master data may be incomplete or incorrectly maintained.
  Custom Logic: If there are custom enhancements or logic in place, they may not be correctly handling the derivation values.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Configuration:
  
  Navigate to the relevant configuration settings in the SAP system where derivation values for sales products are defined.
  Ensure that the derivation values for the specific sales product are correctly set up.
  
  
  
  Maintain Sales Product Master Data:
  
  Go to the transaction code related to maintaining sales product master data (e.g., FVD1 for creating or FVD2 for changing).
  Verify that all necessary fields, including derivation values, are filled out correctly for the sales product in question.
  
  
  
  Review Custom Logic:
  
  If there are any custom enhancements or user exits that affect the derivation of values, review the code to ensure it is functioning as intended.
  Check if any recent changes were made that could have impacted the derivation logic.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on defining derivation values for sales products.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that the sales product behaves as expected in transactions.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FVD1, FVD2, and others related to sales product management.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after following the above steps, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By addressing the configuration and master data issues, you should be able to resolve the FVD_LOS016 error and ensure that the sales product can be processed correctly in the system.