How To Fix FVD_UI_CLOAN064 - Selected day for the installment payment is not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_UI_CLOAN - User Interface for Consumer Loans

• Message number: 064

• Message text: Selected day for the installment payment is not permitted

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_CLOAN064 - Selected day for the installment payment is not permitted ?

  The SAP error message FVD_UI_CLOAN064 indicates that the selected day for the installment payment is not permitted. This error typically arises in the context of financial transactions, particularly in loan management or installment payment processing within the SAP system.
  Cause:
  
  Invalid Payment Date: The selected payment date may fall on a non-business day (e.g., weekends or holidays) or may not align with the defined payment schedule.
  Configuration Issues: The payment terms or conditions set up in the system may restrict certain days for payment processing.
  Contractual Terms: The loan or installment agreement may specify certain days of the month that are not allowed for payments.
  Calendar Settings: The fiscal calendar or payment calendar settings in the system may not allow payments on the selected date.
  
  Solution:
  
  Select a Valid Payment Date: Check the payment schedule and select a date that is valid according to the loan agreement and the system's configuration.
  Review Payment Terms: Verify the payment terms associated with the loan or installment. Ensure that the selected date complies with these terms.
  Check Business Days: Ensure that the selected date is a business day. If it falls on a weekend or holiday, choose the next available business day.
  Consult Configuration Settings: If you have access, review the configuration settings in the SAP system related to payment processing and installment payments. Adjustments may be needed to allow for more flexible payment dates.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or system administrator for further assistance. They may need to investigate the configuration or any underlying issues in the system.
  
  Related Information:
  
  SAP Documentation: Refer to the SAP Help Portal for detailed documentation on loan management and payment processing.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FVD1 for loan management) that may help in troubleshooting.
  User Forums: Check SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to resolve the error and successfully process the installment payment.