How To Fix FVD_LOS026 - No condition group exists in Customizing for product type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOS - Message Class for Loan Origination

• Message number: 026

• Message text: No condition group exists in Customizing for product type &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOS026 - No condition group exists in Customizing for product type &1 ?

  The SAP error message FVD_LOS026 indicates that there is no condition group defined in the Customizing settings for the specified product type. This error typically arises in the context of financial services or loan management modules, where condition groups are used to define pricing, interest rates, or other financial conditions associated with a product.
  Cause:
  The error occurs when:
  
  The product type specified in the transaction does not have an associated condition group defined in the system.
  The configuration for the product type is incomplete or missing in the Customizing settings.
  There may be a mismatch between the product type being used and the condition groups that have been set up.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to the relevant section for your product type (e.g., Financial Services > Loan Management > Define Condition Groups).
  Verify if a condition group exists for the specified product type. If not, you will need to create one.
  
  
  
  Create or Assign Condition Group:
  
  If a condition group does not exist, create a new condition group and assign it to the relevant product type.
  Ensure that all necessary parameters and settings are correctly configured for the condition group.
  
  
  
  Review Product Type Configuration:
  
  Check the configuration of the product type in question to ensure it is set up correctly and linked to the appropriate condition group.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for more detailed instructions on setting up condition groups and product types.
  
  
  
  Seek Help from SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or consulting with a functional consultant who specializes in the relevant module.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO to access the Customizing settings.
  Authorization: Ensure you have the necessary authorizations to make changes in the Customizing settings.
  Testing Environment: It is advisable to make changes in a development or testing environment before applying them to production.
  
  By following these steps, you should be able to resolve the FVD_LOS026 error and ensure that the necessary condition groups are in place for your product types.