How To Fix FVD_REPAY060 - End of term deleted, even though new end of term was saved

FVD_REPAY060 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 060

• Message text: End of term deleted, even though new end of term was saved

What causes this issue?

The term end was set for the payoff. However, since the payoff was
activated, the term end has been deleted in the contract.

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?

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_REPAY060 - End of term deleted, even though new end of term was saved ?

  The SAP error message FVD_REPAY060 typically indicates that there is an issue with the end-of-term processing in the Financial Services module, particularly in the context of loan or lease management. This error suggests that the system has detected that the end-of-term date has been deleted or is not properly set, even though a new end-of-term date was intended to be saved.
  Causes:
  
  Data Inconsistency: There may be inconsistencies in the data related to the contract or loan, such as missing or incorrect entries in the relevant tables.
  
  Configuration Issues: The configuration settings for the financial product may not be set up correctly, leading to issues when trying to save the end-of-term information.
  User Authorization: The user may not have the necessary permissions to make changes to the end-of-term settings.
  System Bugs: There could be a bug in the SAP system or a specific version that is causing this error to occur.
  Incomplete Processing: The end-of-term processing