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Message type: E = Error
Message class: FVD_REPAY - Messages for Payoff
Message number: 068
Message text: Payoff not supported for loans with price gain/loss determination
Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.
To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.
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FVD_REPAY068
- Payoff not supported for loans with price gain/loss determination ?The SAP error message FVD_REPAY068 indicates that a payoff operation is not supported for loans that have price gain/loss determination. This typically occurs in the context of financial transactions involving loans in the SAP system, particularly when dealing with the repayment or payoff of loans that have specific pricing or valuation characteristics.
Cause:
The error arises due to the following reasons:
- Price Gain/Loss Determination: The loan in question is set up in such a way that it requires price gain/loss determination, which is a method used to calculate the profit or loss on the loan based on its market value.
- Configuration Settings: The configuration settings in the SAP system may not allow for the payoff of loans that have this determination method enabled.
- Loan Type Restrictions: Certain loan types or products may inherently not support payoff transactions if they are configured to calculate price gain/loss.
Solution:
To resolve the error, consider the following steps:
Check Loan Configuration:
- Review the configuration settings for the loan in question. Ensure that the loan is not set up to require price gain/loss determination if you intend to perform a payoff.
- If the loan must remain as is, consider whether a different transaction type or method can be used for repayment.
Consult Documentation:
- Refer to SAP documentation or help resources related to loan management and price gain/loss determination to understand the implications of these settings.
Adjust Loan Settings:
- If appropriate, adjust the loan settings to disable price gain/loss determination. This may involve changing the loan product configuration or the specific loan instance.
Contact SAP Support:
- If the issue persists or if you are unsure about making changes, it may be beneficial to contact SAP support or your internal SAP team for assistance. They can provide guidance based on your specific system configuration and business requirements.
Testing:
- After making any changes, conduct thorough testing to ensure that the loan can be paid off without triggering the error and that all financial calculations are accurate.
Related Information:
By following these steps, you should be able to address the FVD_REPAY068 error and successfully manage loan payoffs in your SAP system.
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