How To Fix FVD_REPAY084 - You may need to reverse the repayment on &1 with settlement on &2 (&3)

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 084

• Message text: You may need to reverse the repayment on &1 with settlement on &2 (&3)

What causes this issue?

As part of the payoff reversal process you may need to reverse the
repayment for the payment date &3 with settlement on &1 and the
document number &2. Adjustments to settlement dates made by the payoff
function may no longer apply.

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_REPAY084 - You may need to reverse the repayment on &1 with settlement on &2 (&3) ?

  The SAP error message FVD_REPAY084 typically indicates an issue related to the repayment process in the SAP Financial Services module, particularly in the context of loan management or financial transactions. This error message suggests that there is a need to reverse a repayment that has been made, and it provides specific details about the transaction that needs to be addressed.
  Cause:
  The error message can occur due to several reasons, including but not limited to:
  
  Incorrect Repayment Amount: The repayment amount may not match the expected amount, leading to discrepancies.
  Settlement Issues: There may be issues with the settlement date or the settlement process itself, which could prevent the repayment from being processed correctly.
  Transaction Status: The status of the repayment transaction may not allow for further processing, such as reversing or settling.
  Configuration Issues: There may be configuration settings in the SAP system that are not aligned with the business process, leading to errors during repayment processing.
  
  Solution:
  To resolve the FVD_REPAY084 error, you can follow these steps:
  
  
  Check Transaction Details: Review the details of the repayment transaction indicated by the error message. Ensure that the repayment amount and settlement date are correct.
  
  
  Reverse the Repayment: If the repayment is indeed incorrect, you may need to reverse it. This can typically be done through the transaction code related to loan management or repayment processing in SAP.
  
  
  Verify Settlement: Ensure that the settlement process is correctly configured and that the settlement date is valid. You may need to check the related financial documents to ensure they are in the correct status.
  
  
  Consult Documentation: Refer to SAP documentation or help files related to the specific module you are working with (e.g., SAP Loan Management) for detailed instructions on handling repayments and settlements.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific configuration and business processes.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FVD1 (Create Repayment), FVD2 (Change Repayment), and FVD3 (Display Repayment) to manage repayments effectively.
  SAP Notes: Check for any SAP Notes related to the error message FVD_REPAY084, as there may be patches or updates that address known issues.
  User Manuals: Review user manuals or training materials specific to your organization's SAP implementation for guidance on handling financial transactions.
  
  By following these steps and gathering the necessary information, you should be able to address the error message and proceed with the repayment process in SAP.