How To Fix FVD_REPAY213 - Value for the repayment change is not permitted for partial payoffs

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 213

• Message text: Value for the repayment change is not permitted for partial payoffs

What causes this issue?

A value has been entered in the <LS>Repayment Change</> field that is
not permitted for consumer loans.
Only the following values are permitted for the product category
consumer loans:
<LB>Shorten term, save new end of term</>
<LB>Keep same term, change repayment automatically</>
System Response
The system cannot save the data entered.

How to fix this error?

Enter one of the values permitted for the product category consumer
loans in the field.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_REPAY213 - Value for the repayment change is not permitted for partial payoffs ?

  The SAP error message FVD_REPAY213 indicates that there is an issue with the repayment change for a loan or financial transaction, specifically when dealing with partial payoffs. This error typically arises in the context of financial services or loan management within SAP, particularly in the SAP Financial Services (FS) module.
  Cause:
  The error occurs when the system detects that the value provided for the repayment change is not valid for a partial payoff scenario. This can happen due to several reasons, including:
  
  Incorrect Repayment Amount: The repayment amount specified does not align with the rules or configurations set for partial payoffs.
  Configuration Issues: The system may not be configured correctly to handle partial payoffs, leading to restrictions on the repayment changes.
  Business Rules: There may be specific business rules or conditions that restrict the repayment change for partial payoffs, such as minimum or maximum limits.
  Data Entry Errors: There could be a simple data entry error where the repayment value is incorrectly inputted.
  
  Solution:
  To resolve the error, consider the following steps:
  
  
  Review Repayment Amount: Ensure that the repayment amount you are trying to enter is valid for a partial payoff. Check if it meets any minimum or maximum limits set in the system.
  
  
  Check Configuration: Verify the configuration settings in the SAP system related to loan management and partial payoffs. Ensure that the system is set up to allow the type of repayment change you are attempting.
  
  
  Consult Business Rules: Review any business rules or policies that may apply to the transaction. Ensure that the repayment change complies with these rules.
  
  
  Data Validation: Double-check the data entered for any typos or errors. Ensure that all required fields are filled out correctly.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling partial payoffs and repayment changes.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and repayments, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  SAP Notes: Check for any SAP Notes related to the error message FVD_REPAY213, as they may provide additional insights or patches that could resolve the issue.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.