How To Fix FVD_REPAY194 - Proportional payments exist before the payment date of the payoff

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 194

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

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

What causes this issue?

Proportional payments exist before the due date of the payoff entered in
a loan where the payments are to be made at the start of the period.

System Response

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_REPAY194 - Proportional payments exist before the payment date of the payoff ?

  The SAP error message FVD_REPAY194 indicates that there are proportional payments that exist before the payment date of 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 payoff date of a loan or financial obligation. The system expects that all payments related to the payoff should either be completed or scheduled for a date that is on or after the payoff date. If there are any payments scheduled before this date, the system will trigger this error to prevent inconsistencies in the financial records.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Payment Schedule: Check the payment schedule for the loan or financial obligation in question. Look for any payments that are scheduled before the payoff date.
  
  
  Adjust Payment Dates: If you find any payments that are scheduled before the payoff date, you may need to adjust their dates to ensure they are on or after the payoff date.
  
  
  Delete or Modify Proportional Payments: If the payments are not needed, consider deleting them. If they are necessary, modify them to align with the payoff date.
  
  
  Check for Manual Entries: Ensure that there are no manual entries or adjustments that have been made that could conflict with the scheduled payments.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's financial policies to ensure compliance with any specific rules regarding payment processing.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with a financial expert who is familiar with SAP's loan management module.
  
  
  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), FVD2 (Change Loan), and FVD3 (Display Loan).
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  User Roles: Ensure that you have the appropriate permissions to make changes to payment schedules and loan details in the SAP system.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.