How To Fix FVD_UI_CLOAN063 - Day for the installment payment has not yet been selected

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_UI_CLOAN - User Interface for Consumer Loans

• Message number: 063

• Message text: Day for the installment payment has not yet been selected

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_UI_CLOAN063 - Day for the installment payment has not yet been selected ?

  The SAP error message FVD_UI_CLOAN063 indicates that the day for the installment payment has not yet been selected in the system. This error typically occurs in the context of loan management or financial transactions where installment payments are involved.
  Cause:
  The error is caused by the absence of a specified day for the installment payment in the loan or financial product configuration. This can happen due to:
  
  Incomplete Configuration: The loan product or financial agreement may not have been fully configured, particularly the payment schedule.
  User Input Error: The user may have skipped the step of selecting the payment day when entering or modifying the loan details.
  System Settings: There may be system settings or parameters that need to be adjusted to allow for the selection of a payment day.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Loan Configuration:
  
  Navigate to the loan product configuration in SAP.
  Ensure that the installment payment day is defined in the payment schedule settings.
  
  
  
  Select Payment Day:
  
  If you are entering a new loan or modifying an existing one, make sure to select the appropriate day for the installment payment in the relevant field.
  
  
  
  Review User Input:
  
  Double-check the data entry to ensure that all required fields, including the payment day, are filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or user manuals for guidance on configuring loan products and installment payments.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configuration and user input, consider reaching out to your SAP support team or consulting with a functional consultant who specializes in financial services.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  SAP Notes: Check for any SAP Notes related to this error message for additional troubleshooting steps or patches.
  User Roles: Ensure that the user has the necessary permissions to modify loan configurations and payment schedules.
  
  By following these steps, you should be able to resolve the error and proceed with the installment payment processing in SAP.