How To Fix FVD_LOS027 - Define control parameters for product type &1 (area &2)

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOS - Message Class for Loan Origination

• Message number: 027

• Message text: Define control parameters for product type &1 (area &2)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOS027 - Define control parameters for product type &1 (area &2) ?

  The SAP error message FVD_LOS027 indicates that there is a missing configuration for the control parameters of a specific product type in a particular area. This error typically arises in the context of financial services or treasury management modules, where product types and their associated parameters need to be defined for proper processing.
  Cause:
  The error occurs when the system attempts to process a product type (denoted by &1) in a specific area (denoted by &2), but the necessary control parameters for that product type have not been defined in the system. This can happen due to:
  
  Incomplete Configuration: The product type may not have been fully configured in the system.
  Missing Entries: There may be missing entries in the configuration tables that define the control parameters for the product type.
  Incorrect Area Assignment: The product type may not be correctly assigned to the area in question.
  
  Solution:
  To resolve the error, you need to define the control parameters for the specified product type and area. Here are the steps to do this:
  
  
  Access Configuration: Go to the SAP Customizing Implementation Guide (IMG) by using transaction code SPRO.
  
  
  Navigate to the Relevant Section:
  
  Depending on your SAP version and module, navigate to the section related to Financial Services or Treasury Management.
  Look for the configuration settings related to product types.
  
  
  
  Define Control Parameters:
  
  Find the option to define control parameters for product types.
  Create or update the entry for the specified product type (&1) in the specified area (&2).
  Ensure that all required fields are filled out correctly.
  
  
  
  Save Changes: After making the necessary changes, save your configuration.
  
  
  Test the Configuration: After saving, test the transaction or process that triggered the error to ensure that the issue has been resolved.
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files for detailed information on configuring product types and control parameters.
  Transaction Codes: Familiarize yourself with relevant transaction codes that may assist in configuration, such as FVD1 for creating product types or FVD2 for changing them.
  Support: If you are unsure about the configuration or if the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert.
  
  By following these steps, you should be able to resolve the FVD_LOS027 error and ensure that the necessary control parameters for the product type are correctly defined in the system.