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

FVD_REPAY061 - Overview

• 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,