How To Fix FVD_REPAY097 - Repayment change deleted (condition after fixed interest period)

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 097

• Message text: Repayment change deleted (condition after fixed interest period)

What causes this issue?

The "valid from" date of the repayment change is after the end of the
currently valid fixed interest period and can therefore not be
effective.

System Response

The repayment change has been removed automatically.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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_REPAY097 - Repayment change deleted (condition after fixed interest period) ?

  The SAP error message FVD_REPAY097 indicates that a repayment change has been deleted due to a condition that arises after the fixed interest period of a loan or financial transaction. This error typically occurs in the context of financial services and loan management within the SAP system, particularly in modules related to treasury and risk management.
  Cause:
  The error can occur due to several reasons:
  
  Fixed Interest Period Expiration: The repayment change may have been scheduled to occur after the fixed interest period has ended, which is not allowed.
  Configuration Issues: There may be configuration settings in the loan or financial product that do not allow for changes to be made after the fixed interest period.
  Data Inconsistencies: There could be inconsistencies in the data related to the loan or repayment schedule that prevent the system from processing the change.
  User Actions: A user may have attempted to manually delete or modify a repayment change that is not permissible under the current loan conditions.
  
  Solution:
  To resolve the error, consider the following steps:
  
  Review Loan Terms: Check the terms of the loan or financial product to ensure that any repayment changes are being made within the allowed time frame, specifically before the end of the fixed interest period.
  Check Configuration: Verify the configuration settings for the loan product in SAP. Ensure that the settings allow for repayment changes and that they are correctly defined for the fixed interest period.
  Data Validation: Validate the data related to the loan and repayment schedule. Look for any inconsistencies or errors that may be causing the issue.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling repayment changes and fixed interest periods.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may be able to provide insights based on system logs or configurations.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide updates and patches.
  Transaction Codes: Familiarize yourself with transaction codes related to loan management and repayment processing in SAP, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  User Roles: Ensure that the user attempting to make the changes has the appropriate permissions and roles assigned in the SAP system.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.