How To Fix FVD_REPAY121 - No payoffs exist for loan &1

FVD_REPAY121 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 121

• Message text: No payoffs exist for loan &1

Self-Explanatory Message

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_REPAY121 - No payoffs exist for loan &1 ?

  The SAP error message FVD_REPAY121 indicates that there are no payoffs available for the specified loan. This typically occurs in the context of financial transactions related to loans in the SAP system, particularly when trying to process a repayment or payoff for a loan that does not have any outstanding amounts or has already been fully paid off.
  Causes:
  
  Loan Fully Paid Off: The loan may have already been fully repaid, and there are no remaining amounts to process.
  Incorrect Loan Number: The loan number specified in the transaction may be incorrect or does not exist in the system.
  Data Entry Error: There may be a mistake in the data entry, such as incorrect dates or amounts.
  Loan Status: The loan may be in a status that does not allow for repayments (e.g., closed or inactive).
  Missing Payoff Records: There may be no records of payoffs created in the system for the specified loan.
  
  Solutions:
  
  Verify Loan Status: