How To Fix FVD_REPAY002 - Template &1 in company code &2 for product type &3 does not exist

FVD_REPAY002 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 002

• Message text: Template &1 in company code &2 for product type &3 does not exist

What causes this issue?

You have called up the function for creating a payoff using a template
that has not been defined in Customizing.

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?

Inform your system administrator.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FVD_REPAY002 - Details

• The SAP error message FVD_REPAY002 indicates that a specific template for a repayment process does not exist for the specified company code and product type. This error typically arises in the context of financial transactions, particularly in the area of loan management or financial services.
  
  Cause:
  
  Missing Template: The primary cause of this error is that the repayment template specified in the transaction does not exist in the system for the given company code and product type.
  Incorrect Configuration: The template may not have been configured correctly or may not have been created at all.
  Data Entry Error: There may be a mistake in the data entry, such as an incorrect company code, product type, or template name.
  
  
  Solution:
  
  
  Check Template Configuration:
  
  Navigate to the relevant configuration settings in SAP (usually in the Financial Services or Loan Management module).
  Verify if the repayment template exists for the specified company code and product type.
  If it does not exist, you