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

FVD_REPAY213 - Overview

• 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.

FVD_REPAY213 - Details

• 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