How To Fix FVD_REPAY064 - Status &1 is not permitted

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_REPAY064 - Status &1 is not permitted ?

  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 defined in the system that prevent certain operations based on the current status of the object.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Check the Status: Review the status of the financial object you are trying to process. Ensure that it is in a valid status that allows for the operation you are attempting.
  Review Transaction Logic: Ensure that the transaction you are trying to execute is appropriate for the current status of the object. For example, if you are trying to make a repayment, ensure that the loan is still active and has not been fully repaid or closed.
  Consult Documentation: Refer to the SAP documentation or your organization's internal guidelines to understand the valid statuses and the operations allowed for each status.
  Configuration Review: If you have access, check the configuration settings in the SAP system related to the financial object. Ensure that the statuses and allowed actions are correctly defined.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and repayments, such as FVD1 (Create Loan), FVD2 (Change Loan), and FVD3 (Display Loan).
  SAP Notes: Check for any SAP Notes related to the error message FVD_REPAY064, as there may be patches or updates that address known issues.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to perform the action you are attempting. Sometimes, lack of permissions can lead to unexpected errors.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.