Message type: E = Error
Message class: FVD_MODEL - Model Calculation for Consumer Loan
Message number: 016
Message text: Requested number of installments was adjusted
It was not possible to calculate an installment amount for the requested
number of installments. A minor adjustment was therefore made to the
requested number of installments.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Error message extract from SAP system. Copyright SAP SE.
FVD_MODEL016
- Requested number of installments was adjusted ?The SAP error message FVD_MODEL016 indicates that the requested number of installments for a financial transaction has been adjusted by the system. This typically occurs in the context of financial services, such as loan management or installment payments, where the system has certain rules or constraints that dictate how many installments can be created based on the parameters of the transaction.
Cause: Configuration Settings: The system may have specific configuration settings that limit the number of installments based on the type of financial product, payment terms, or other criteria. Business Rules: There may be business rules in place that require the number of installments to be adjusted to comply with legal or financial regulations. Data Entry Errors: The user may have entered an invalid number of installments that exceeds the allowed limits set in the system. Payment Schedule Constraints: The payment schedule may not align with the requested number of installments due to factors like
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