How To Fix HRPAY99LOAN042 - Loan already repaid in full on &1

SAP Error Message - Details

• Message type: E = Error

• Message class: HRPAY99LOAN - International Payroll: Company Loans

• Message number: 042

• Message text: Loan already repaid in full on &1

What causes this issue?

You have entered a validity end date for the infotype record to
calculate the repayment for this company loan. Based on the
repayment pattern that is scheduled for the loan, it has already been
completely paid off on &v1&.

System Response

The system notifies you with this message that the validity end date
you specified does not correspond to the actual loan validity end date.
It calculates the repayment based on the actual loan end date.

How to fix this error?

If necessary, you change the validity end date to &v1&. You can,
however, also retain the validity end date originally specified.

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 HRPAY99LOAN042 - Loan already repaid in full on &1 ?

  The SAP error message HRPAY99LOAN042 indicates that a loan has already been fully repaid, and any attempt to process further transactions related to that loan is being blocked. This error typically arises in the context of payroll processing or loan management within the SAP Human Capital Management (HCM) module.
  Cause:
  
  Loan Repayment Status: The primary cause of this error is that the loan in question has been marked as fully repaid in the system. This means that all scheduled payments have been completed, and there are no outstanding balances.
  Incorrect Transaction: A user may be attempting to process a transaction (like a repayment or adjustment) on a loan that is already closed.
  Data Entry Error: There may be a mistake in the data entry, such as referencing the wrong loan or employee.
  
  Solution:
  
  Verify Loan Status: Check the status of the loan in the system. Ensure that it is indeed marked as fully repaid. You can do this by accessing the relevant loan management transaction or report in SAP.
  Review Transaction: If you are trying to process a repayment or adjustment, confirm that you are not mistakenly referencing a loan that has already been closed. If necessary, select the correct loan.
  Consult Documentation: Review any internal documentation or guidelines regarding loan processing to ensure compliance with procedures.
  Adjustments: If there is a need to make adjustments or corrections, consult with your SAP administrator or HR/payroll team to determine the appropriate steps to take.
  Technical Support: If you believe this message is appearing in error (for example, if the loan should not be marked as fully repaid), you may need to contact your SAP support team or technical support for further investigation.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as:
  
  PA30: Maintain HR Master Data
  PC00_M99_CWTR: Payroll for specific countries
  
  
  Documentation: Review SAP Help documentation for the specific version of SAP you are using, as error messages and their handling can vary between versions.
  User Roles: Ensure that you have the appropriate permissions to view and modify loan data in the system.
  
  By following these steps, you should be able to resolve the error and proceed with your payroll or loan management tasks.