How To Fix FVD_LOS114 - Cond. type &1 interest &2% less than min. permitted int. &3% in cond. tab

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOS - Message Class for Loan Origination

• Message number: 114

• Message text: Cond. type &1 interest &2% less than min. permitted int. &3% in cond. tab

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOS114 - Cond. type &1 interest &2% less than min. permitted int. &3% in cond. tab ?

  The SAP error message FVD_LOS114 indicates that there is an issue with the interest rate defined in the condition type for a financial transaction. Specifically, the error states that the interest rate specified (interest &2%) is less than the minimum permitted interest rate (min. permitted int. &3%) defined in the condition tab for the relevant transaction.
  Cause:
  
  Interest Rate Configuration: The interest rate set for the transaction is lower than the minimum allowed rate configured in the system.
  Condition Type Settings: The condition type associated with the transaction may have specific settings that enforce a minimum interest rate.
  Data Entry Error: There may have been an error in data entry where an incorrect interest rate was inputted.
  
  Solution:
  
  
  Check Condition Type Settings:
  
  Navigate to the condition type settings in the SAP system (Transaction code: V/06 or similar).
  Review the settings for the condition type associated with the transaction to verify the minimum interest rate defined.
  
  
  
  Adjust Interest Rate:
  
  If the interest rate entered is indeed lower than the minimum allowed, you will need to adjust the interest rate to meet or exceed the minimum permitted interest rate.
  
  
  
  Review Transaction Data:
  
  Check the transaction data to ensure that the correct interest rate is being applied. If there was a mistake in data entry, correct it.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines regarding interest rates and condition types to ensure compliance with business rules.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP documentation for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes related to condition types and pricing (e.g., V/06 for condition types, V/07 for condition records).
  Configuration Guides: Refer to SAP configuration guides for financial transactions to understand how interest rates and condition types are set up.
  User Roles: Ensure that you have the necessary permissions to view and modify condition types and interest rates in the system.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary changes to resolve it.