How To Fix FVD_MODEL003 - Formula-based calculation is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_MODEL - Model Calculation for Consumer Loan

• Message number: 003

• Message text: Formula-based calculation is not possible

What causes this issue?

You should calculate the installment or the term using a mathematical
formula, in order to obtain a start value that is as accurate as
possible for the FIMA calculation.
Formula-based calculations are currently only supported for selected
standard procedures.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_MODEL003 - Formula-based calculation is not possible ?

  The SAP error message FVD_MODEL003: Formula-based calculation is not possible typically occurs in the context of SAP Financial Services, particularly when dealing with financial calculations or models that utilize formula-based logic. This error indicates that the system is unable to perform a calculation based on the formula defined in the model.
  Causes:
  
  Invalid Formula: The formula defined in the model may contain syntax errors or references to non-existent fields or variables.
  Missing Data: Required data inputs for the formula may be missing or not properly configured.
  Incompatible Data Types: The data types of the inputs used in the formula may not be compatible with the expected types.
  Model Configuration Issues: The model itself may not be configured correctly, leading to issues in executing the formula.
  Versioning Issues: If there are multiple versions of the model, the version being used may not support the formula or may have been deprecated.
  
  Solutions:
  
  Check the Formula: Review the formula for any syntax errors or incorrect references. Ensure that all variables and fields used in the formula are correctly defined and exist in the model.
  Validate Data Inputs: Ensure that all required data inputs are available and correctly populated. Check for any missing or null values that may be causing the calculation to fail.
  Data Type Compatibility: Verify that the data types of the inputs match the expected types for the formula. If necessary, convert data types to ensure compatibility.
  Review Model Configuration: Check the overall configuration of the model to ensure that it is set up correctly. This includes checking any dependencies or settings that may affect the formula's execution.
  Test with Different Versions: If applicable, try using a different version of the model to see if the issue persists. This can help identify if the problem is related to a specific version.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the formula syntax and requirements.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions to common problems.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  SAP Support: If the issue persists after troubleshooting, consider reaching out to SAP Support for assistance. Provide them with detailed information about the error, including the context in which it occurs and any relevant configurations.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.