How To Fix ICL_FUND016 - Fund &1: Gross withdrawal amount is greater than estimated fund value

ICL_FUND016 - Overview

• Message type: E = Error

• Message class: ICL_FUND - Message Class for Fund

• Message number: 016

• Message text: Fund &1: Gross withdrawal amount is greater than estimated fund value

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message ICL_FUND016 - Fund &1: Gross withdrawal amount is greater than estimated fund value ?

  The SAP error message ICL_FUND016 indicates that there is an issue with a fund withdrawal transaction where the gross withdrawal amount exceeds the estimated fund value. This typically occurs in the context of financial transactions involving funds, such as in investment management or insurance.
  
  Cause:
  
  Withdrawal Amount Exceeds Fund Value: The primary cause of this error is that the amount you are trying to withdraw from the fund is greater than the current estimated value of that fund. This can happen due to market fluctuations, poor investment performance, or incorrect data entry.
  Data Entry Errors: There may be a mistake in the amount entered for the withdrawal or in the estimated fund value.
  Timing Issues: The estimated fund value may not be updated in real-time, leading to discrepancies between the withdrawal request and the actual fund value.
  
  Configuration Issues: There may be issues with the configuration of the fund management module in SAP, leading to