How To Fix J2626 - &4 No principal repayments were found

SAP Error Message - Details

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 626

• Message text: &4 No principal repayments were found

What causes this issue?

The procedure can not be carried out without principal payments.

System Response

Processing will be terminated.

How to fix this error?

Check whether there are principal payments in the affected cash flow.
It is possible that you have to correctly set the relevance indicator
in Customizing for the affected flow types (you should normally mark
principal payments as relevant for volum and effective interest
calculation).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message J2626 - &4 No principal repayments were found ?

  The SAP error message J2626 &4 "No principal repayments were found" typically occurs in the context of financial transactions, particularly when dealing with loan management or financial accounting in SAP. This error indicates that the system could not find any principal repayment entries for a specified loan or financial transaction.
  Causes:
  
  Missing Data: There may be no principal repayment records created for the loan or financial transaction in question.
  Incorrect Selection Criteria: The selection criteria used to retrieve the repayment data may be incorrect or too restrictive, leading to no results being found.
  Data Entry Errors: There could be errors in data entry, such as incorrect loan numbers or periods.
  Configuration Issues: The system may not be properly configured to handle the specific loan or repayment type.
  Timing Issues: The repayment may not have been processed yet, or it may be scheduled for a future date.
  
  Solutions:
  
  Check Loan Records: Verify that the loan or financial transaction has been set up correctly and that principal repayments have been recorded.
  Review Selection Criteria: Ensure that the selection criteria used in the transaction or report are correct. Adjust the parameters to broaden the search if necessary.
  Data Entry Verification: Double-check the data entered for any typos or inaccuracies, especially the loan number and relevant dates.
  Consult Configuration Settings: Review the configuration settings in the SAP system to ensure that they are set up to handle the specific loan type and repayment process.
  Check Payment Schedule: If the repayment is scheduled for a future date, ensure that you are looking at the correct time frame.
  Run Reports: Use relevant SAP reports to check for any existing principal repayments and to confirm that the data is being captured correctly.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and financial accounting, such as FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional context or solutions.
  Documentation: Refer to SAP documentation or user manuals for guidance on loan management and repayment processes.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.