How To Fix FVD_REPAY201 - Rescission was created for this loan; processing is locked

FVD_REPAY201 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 201

• Message text: Rescission was created for this loan; processing is locked

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_REPAY201 - Rescission was created for this loan; processing is locked ?

  The SAP error message FVD_REPAY201 indicates that a rescission (cancellation or reversal) has been created for a loan, and as a result, the processing of that loan is locked. This typically occurs in financial applications where transactions need to be consistent and cannot be modified while a rescission is in process.
  
  Cause:
  
  Rescission Created: A rescission has been initiated for the loan, which means that the loan is in a state where it cannot be processed further until the rescission is fully handled.
  Locking Mechanism: The system employs a locking mechanism to prevent changes to the loan while the rescission is being processed. This is to ensure data integrity and prevent conflicting transactions.
  
  
  Solution:
  
  Check Rescission Status: Verify the status of the rescission. You may need to check if the rescission is still in process or if it has been completed.
  Complete the Rescission: If the rescission is pending, you may need to complete or finalize