How To Fix /PM0/ALB_MESSAGES350 - The loan amount cannot be greater than the maximum lending amount

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_MESSAGES -

• Message number: 350

• Message text: The loan amount cannot be greater than the maximum lending amount

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_MESSAGES350 - The loan amount cannot be greater than the maximum lending amount ?

  The SAP error message /PM0/ALB_MESSAGES350 indicates that the loan amount you are trying to process exceeds the maximum lending amount set in the system. This error typically occurs in the context of loan management or financial transactions within the SAP system.
  Cause:
  
  Configuration Settings: The maximum lending amount may be configured in the system based on various criteria such as customer profile, creditworthiness, or specific loan product parameters.
  Data Entry Error: The amount entered for the loan may have been incorrectly inputted, leading to an amount that exceeds the allowed limit.
  Changes in Policy: There may have been recent changes in lending policies or limits that have not been updated in the transaction you are trying to process.
  
  Solution:
  
  Verify Loan Amount: Check the loan amount you are trying to enter and ensure it is within the acceptable limits. If it is indeed higher than the maximum allowed, you will need to adjust it accordingly.
  Review Configuration: If you have the necessary permissions, review the configuration settings for the maximum lending amount in the relevant SAP module (e.g., SAP Loan Management). This may involve checking the settings for the specific loan product or customer.
  Consult with Finance Team: If you believe the maximum lending amount should be higher, consult with your finance or credit management team to understand the rationale behind the current limits and whether they can be adjusted.
  Check for Updates: Ensure that any recent changes in lending policies or configurations have been properly reflected in the system. If there are discrepancies, they may need to be corrected by an administrator.
  Error Documentation: Refer to SAP documentation or support resources for further details on this specific error message and any additional troubleshooting steps that may be relevant.
  
  Related Information:
  
  Transaction Codes: Depending on your role and access, you may need to use specific transaction codes to view or modify loan configurations (e.g., PM01, PM02).
  User Roles: Ensure that you have the appropriate user roles and permissions to make changes to loan configurations or to process loan applications.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional context or solutions.
  
  If the issue persists after following these steps, it may be beneficial to reach out to your SAP support team or consult with SAP's customer support for further assistance.