How To Fix FVD_LOS021 - Define derivation value for company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOS - Message Class for Loan Origination

• Message number: 021

• Message text: Define derivation value for company code

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOS021 - Define derivation value for company code ?

  The SAP error message FVD_LOS021 indicates that there is a missing derivation value for a specific company code in the context of the SAP Financial Services module, particularly in the area of loan management or financial transactions. This error typically arises when the system is trying to derive certain values (like interest rates, fees, etc.) based on the company code, but the necessary configuration is not in place.
  Cause:
  
  Missing Configuration: The derivation values for the specified company code have not been defined in the system.
  Incorrect Settings: There may be incorrect or incomplete settings in the configuration related to the financial transaction or loan management.
  Data Inconsistency: There could be inconsistencies in the master data or transaction data that prevent the system from deriving the necessary values.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Define Derivation Values:
  
  Navigate to the configuration settings in SAP.
  Go to the relevant area for defining derivation values (this may vary based on your specific SAP version and module).
  Ensure that you have defined the necessary derivation values for the company code in question.
  
  
  
  Check Configuration:
  
  Review the configuration settings for the financial transaction or loan management module.
  Ensure that all required fields and settings are correctly configured.
  
  
  
  Review Master Data:
  
  Check the master data related to the company code to ensure that all necessary information is complete and accurate.
  Look for any missing or incorrect entries that could affect the derivation process.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on defining derivation values and troubleshooting related issues.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that the system can derive the values correctly.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in navigating to the configuration settings (e.g., SPRO for configuration).
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration.
  Documentation: Keep SAP notes and documentation handy for reference, especially if you are working with specific versions or modules.
  
  By following these steps, you should be able to resolve the FVD_LOS021 error and ensure that the necessary derivation values are correctly defined for your company code.