How To Fix FVD_PLANNED_RECORDS003 - Loan &1/2: Planned record update is not possible before disbursement

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_PLANNED_RECORDS - Update planned records

• Message number: 003

• Message text: Loan &1/2: Planned record update is not possible before disbursement

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_PLANNED_RECORDS003 - Loan &1/2: Planned record update is not possible before disbursement ?

  The SAP error message FVD_PLANNED_RECORDS003 typically occurs in the context of loan management within the SAP system, particularly when dealing with planned records for loans. The error message indicates that an attempt is being made to update planned records for a loan before the loan has been disbursed. 
  Cause:
  The primary cause of this error is that the system does not allow updates to planned records (such as payment schedules or interest calculations) until the loan has been officially disbursed. This is a safeguard to ensure that all financial transactions are accurately recorded and that planned records reflect the actual state of the loan.
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Check Loan Status: Verify the status of the loan in question. Ensure that the loan has been disbursed. If it has not been disbursed, you will need to complete the disbursement process before attempting to update the planned records.
  
  
  Disburse the Loan: If the loan is not yet disbursed, proceed with the disbursement process. This typically involves entering the necessary details and confirming the disbursement in the SAP system.
  
  
  Update Planned Records: Once the loan has been successfully disbursed, you can then proceed to update the planned records as needed.
  
  
  Review Configuration: If you believe the loan should be disbursed but the system is still preventing updates, review the configuration settings in the SAP system related to loan management. Ensure that all necessary parameters are correctly set.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on loan management processes and error handling.
  
  
  Contact Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as FVD1 (Create Loan), FVD2 (Change Loan), and FVD3 (Display Loan).
  SAP Notes: Check for any SAP Notes related to loan management and error messages that may provide additional insights or patches.
  User Roles and Authorizations: Ensure that the user attempting to perform the update has the necessary authorizations to execute loan disbursement and updates.
  
  By following these steps, you should be able to resolve the error and proceed with your loan management tasks in SAP.