How To Fix FVD_REPAY026 - No conditions found for the loan

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 026

• Message text: No conditions found for the loan

What causes this issue?

When the system checked the loan master data to format the data for the
payoff, no conditions were found for the loan.

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?

Check whether it is correct for there to be no conditions in the
contract.

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_REPAY026 - No conditions found for the loan ?

  The SAP error message FVD_REPAY026 ("No conditions found for the loan") typically occurs in the context of financial transactions related to loans in the SAP system, particularly when dealing with loan repayment processing. This error indicates that the system could not find any applicable conditions for the specified loan, which may prevent the processing of repayment or other related transactions.
  Causes:
  
  Missing Loan Conditions: The loan in question may not have any defined conditions (e.g., interest rates, repayment terms) in the system.
  Incorrect Loan Configuration: The loan might not be properly configured in the system, leading to a lack of associated conditions.
  Data Entry Errors: There may be errors in the data entry for the loan, such as incorrect loan numbers or missing information.
  Inactive or Expired Conditions: The conditions that were previously set up may have become inactive or expired.
  System Configuration Issues: There may be issues with the configuration of the financial services module in SAP.
  
  Solutions:
  
  Check Loan Conditions: Verify that the loan has the necessary conditions defined in the system. This can be done by navigating to the loan master data and checking the conditions tab.
  Review Loan Configuration: Ensure that the loan is correctly configured in the system. This includes checking the loan type, terms, and any associated conditions.
  Data Validation: Double-check the data entered for the loan to ensure that all required fields are filled out correctly and that the loan number is accurate.
  Update or Create Conditions: If conditions are missing, you may need to create or update them in the system. This typically involves working with the financial services module to define the necessary terms.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing loan conditions and resolving related errors.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide assistance based on your specific configuration and setup.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FVD1 (Create Loan), FVD2 (Change Loan), and FVD3 (Display Loan) to manage loan data.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  User Roles and Permissions: Ensure that the user attempting to process the loan has the necessary permissions to view and modify loan conditions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.