How To Fix FVD_REPAY061 - In the meantime, the payment block has been set in the contract

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 061

• Message text: In the meantime, the payment block has been set in the contract

What causes this issue?

Since activation of the repayment function, the incoming payment
distribution block has been set manually on the loan. No block was
intended for the repayment.

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_REPAY061 - In the meantime, the payment block has been set in the contract ?

  The SAP error message FVD_REPAY061 indicates that a payment block has been set on a contract, which prevents the processing of payments related to that contract. This error typically arises in the context of financial transactions, particularly in the SAP Financial Services (FS) module, where contracts are managed.
  Cause:
  The primary cause of this error is that a payment block has been applied to the contract in question. This could happen for several reasons, including:
  
  Manual Blocking: A user may have manually set a payment block on the contract due to various reasons, such as discrepancies in payment terms or issues with the contract itself.
  System Configuration: Certain configurations in the system may automatically apply payment blocks based on specific criteria (e.g., overdue payments, credit limits).
  Contract Status: The status of the contract may not allow for payments to be processed, which could be due to pending approvals or other workflow-related issues.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check the Contract: Review the contract associated with the error message to identify the reason for the payment block. This can be done by navigating to the contract in the SAP system and checking the payment block status.
  
  
  Remove the Payment Block:
  
  If you have the necessary permissions, you can remove the payment block directly from the contract. This is typically done in the contract management screen where you can edit the contract details.
  If the block was set due to a specific issue (e.g., overdue payments), ensure that the underlying issue is resolved before removing the block.
  
  
  
  Consult with Relevant Departments: If you are unsure why the payment block was set, consult with the finance or contract management team to understand the implications of removing the block.
  
  
  Check Configuration Settings: If the payment block is being applied automatically, review the configuration settings in the SAP system to determine if adjustments are needed.
  
  
  Documentation and Approval: Ensure that any changes made to the payment block are documented and, if necessary, approved by the relevant stakeholders.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to check for related financial transactions.
  SAP Notes: Check SAP Notes for any known issues or updates related to the error message FVD_REPAY061.
  User Permissions: Ensure that you have the appropriate permissions to make changes to contracts and payment blocks in the SAP system.
  
  By following these steps, you should be able to identify the cause of the payment block and take appropriate action to resolve the error message FVD_REPAY061.