How To Fix FVD_REPAY012 - Net payoff amount &1 in &2 is greater than the available capital &3 in &4

FVD_REPAY012 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 012

• Message text: Net payoff amount &1 in &2 is greater than the available capital &3 in &4

What causes this issue?

The net payoff amount exceeds the available capital on the payoff due
date.

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?

Reduce the net payoff amount to an amount less than or equal to the
available capital, or adjust the payoff due date.

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_REPAY012 - Net payoff amount &1 in &2 is greater than the available capital &3 in &4 ?

  The SAP error message FVD_REPAY012 indicates that the net payoff amount specified in a repayment transaction exceeds the available capital for the specified loan or financial product. This error typically arises in the context of financial transactions, such as loan repayments or capital management.
  
  Cause:
  
  Incorrect Payoff Amount: The amount you are trying to repay is higher than the available capital or balance of the loan.
  Data Entry Error: There may have been a mistake in entering the payoff amount or selecting the loan.
  Loan Terms: The terms of the loan may restrict the amount that can be repaid at a given time.
  System Configuration: There may be issues with the configuration of the financial product in the SAP system, leading to incorrect calculations of available capital.
  
  
  Solution:
  
  Verify Payoff Amount: Check the net payoff amount you are trying to enter and ensure it does not exceed the available capital.
  Check Loan Balance: Review the loan or financial