How To Fix FVD_REPAY064 - Status &1 is not permitted

FVD_REPAY064 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 064

• Message text: Status &1 is not permitted

What causes this issue?

The payoff has generated a business operation status that is not
permitted.

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?

Cancel the transaction and inform your system administrator immediately.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FVD_REPAY064 - Details

• The SAP error message FVD_REPAY064 with the description "Status &1 is not permitted" typically occurs in the context of financial transactions, particularly in the area of loan management or repayment processing within the SAP system. This error indicates that the current status of a financial object (like a loan or a repayment request) does not allow for the operation you are trying to perform.
  
  Cause:
  The error is usually caused by one of the following reasons:
  
  Invalid Status: The financial object (e.g., loan, repayment) is in a status that does not permit the action you are trying to execute. For example, if you are trying to process a repayment for a loan that has already been fully repaid or is in a closed status.
  
  Configuration Issues: There may be configuration settings in the SAP system that restrict certain actions based on the status of the financial object.
  Business Rules: There may be specific business rules