How To Fix FVD_REPAY172 - Proportional payments exist before the payment date for the payoff

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 172

• Message text: Proportional payments exist before the payment date for the payoff

What causes this issue?

Proportional payments exist in connection with an advance payment that
are before the due date for the payoff entered.

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?

If you want to include the proportional payments in the payoff function,
you can do so using the deferral function. Enter the payment date of the
proportional payment in the <LS>Deferral from</> field. (You can look up
the payment date in the cash flow analysis.)

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_REPAY172 - Proportional payments exist before the payment date for the payoff ?

  The SAP error message FVD_REPAY172 indicates that there are proportional payments that exist before the payment date for the payoff. This typically occurs in the context of financial transactions, particularly in loan management or payment processing within the SAP system.
  Cause:
  The error arises when there are payments that have been made or scheduled to be made before the actual payoff date of a loan or financial obligation. This situation can occur due to:
  
  Incorrect Payment Schedule: Payments may have been scheduled incorrectly, leading to a situation where they are set to occur before the payoff date.
  Manual Adjustments: Manual changes to payment plans or schedules that do not align with the expected payoff date.
  Data Entry Errors: Mistakes in entering payment dates or amounts in the system.
  System Configuration Issues: Configuration settings in the SAP system that do not properly account for the timing of payments.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Review Payment Schedule: Check the payment schedule for the loan or financial obligation. Ensure that all payments are correctly aligned with the payoff date.
  Adjust Payment Dates: If there are payments scheduled before the payoff date, adjust them to ensure they occur after the payoff date.
  Check for Proportional Payments: Identify any proportional payments that may have been incorrectly set up. Ensure that they are valid and correspond to the correct dates.
  Consult Documentation: Refer to SAP documentation or user manuals for specific guidance on handling payment schedules and configurations.
  Contact SAP Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may provide insights based on system logs or configurations.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and payment processing, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  Configuration Settings: Review the configuration settings in the SAP system related to loan management and payment processing to ensure they are set up correctly.
  User Roles and Permissions: Ensure that users have the appropriate roles and permissions to make changes to payment schedules and loan configurations.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.