How To Fix FVD_REPAY040 - 'Effective from' date field for the repayment change must be filled

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 040

• Message text: 'Effective from' date field for the repayment change must be filled

What causes this issue?

Although you have opted to make a manual repayment change, you have not
entered an <ZK>Effective from</> date to define the effective period
for the new repayment condition.

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?

Enter the effective date or choose another form of repayment change.

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_REPAY040 - 'Effective from' date field for the repayment change must be filled ?

  The SAP error message FVD_REPAY040 indicates that when attempting to process a repayment change, the 'Effective from' date field has not been filled in. This field is crucial because it specifies the date from which the repayment change will take effect.
  Cause:
  The error occurs because the system requires an 'Effective from' date to determine when the changes to the repayment terms should start. If this field is left blank, the system cannot proceed with the repayment change, leading to the error message.
  Solution:
  To resolve this error, you need to fill in the 'Effective from' date field in the relevant transaction or screen where you are processing the repayment change. Here are the steps to do this:
  
  
  Navigate to the Repayment Change Screen: Go to the transaction where you are trying to make the repayment change (e.g., FVD1, FVD2, etc.).
  
  
  Locate the 'Effective from' Date Field: Find the field labeled 'Effective from' or similar in the form.
  
  
  Enter a Valid Date: Input a valid date that indicates when the repayment change should take effect. Ensure that the date is in the correct format and is logical in the context of the repayment schedule.
  
  
  Save the Changes: After filling in the date, save your changes and try to process the repayment change again.
  
  
  Related Information:
  
  Documentation: Check SAP documentation or help files for more details on repayment changes and the significance of the 'Effective from' date.
  User Permissions: Ensure that you have the necessary permissions to make changes to repayment terms.
  Consult with SAP Support: If the issue persists after filling in the date, consider reaching out to your SAP support team for further assistance.
  Transaction Codes: Familiarize yourself with relevant transaction codes related to repayment processing, such as FVD1 (Create Repayment Change) and FVD2 (Change Repayment Change).
  
  By ensuring that the 'Effective from' date is filled out correctly, you should be able to resolve the FVD_REPAY040 error and proceed with your repayment changes.