How To Fix FVD_REPAY119 - Payoff currency &1 has to be identical to the contract currency &2

FVD_REPAY119 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 119

• Message text: Payoff currency &1 has to be identical to the contract currency &2

What causes this issue?

The payoff function only supports payoffs with a payment currency that
matches the contract currency.

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_REPAY119 - Payoff currency &1 has to be identical to the contract currency &2 ?

  The SAP error message FVD_REPAY119 indicates that there is a mismatch between the payoff currency and the contract currency in a financial transaction. Specifically, the error states that the payoff currency (denoted as &1) must be identical to the contract currency (denoted as &2). This typically occurs in the context of loan repayments, financial contracts, or similar transactions where currency consistency is required.
  
  Cause:
  
  Currency Mismatch: The most common cause of this error is that the currency specified for the payoff does not match the currency of the contract. For example, if the contract is in USD, but the payoff is being attempted in EUR, this error will occur.
  
  Configuration Issues: There may be configuration settings in the SAP system that enforce currency consistency, and these settings may not be aligned with the transaction being processed.
  Data Entry Errors: Manual entry errors during the transaction process can lead to incorrect currency selection.
  
  
  Solution:
  
  Check Currency Settings: