How To Fix FVD_MODEL026 - Error occurred when executing the iteration program

FVD_MODEL026 - Overview

• Message type: E = Error

• Message class: FVD_MODEL - Model Calculation for Consumer Loan

• Message number: 026

• Message text: Error occurred when executing the iteration program

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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FVD_MODEL026 - Details

• The SAP error message FVD_MODEL026 typically occurs in the context of the SAP Financial Services module, particularly when dealing with financial models or simulations. This error indicates that there was an issue during the execution of an iteration program, which is often related to the calculation of financial data or the processing of financial models.
  Causes of FVD_MODEL026
  
  
  Data Issues: There may be missing or incorrect data in the financial model that is being processed. This could include missing parameters, incorrect configurations, or invalid entries.
  
  
  Configuration Errors: The financial model may not be properly configured. This could involve settings related to the iteration program or the financial model itself.
  
  
  System Performance: If the system is under heavy load or if there are performance issues, it may lead to timeouts or failures during the execution of the iteration program.
  
  
  Authorization Issues: The user executing the program may not have the necessary authorizations to perform the operation,