How To Fix 1F607 - Posting date of bank areas involved is different

SAP Error Message - Details

• Message type: E = Error

• Message class: 1F - BKK: Beziehungen

• Message number: 607

• Message text: Posting date of bank areas involved is different

What causes this issue?

During a test it emerged that the bank areas of the accounts involved
in the current hierarchy have a different posting date.
In this case a hierarchy for interest accrual/deferral cannot be
processed.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Set the same posting date for all bank areas.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1F607 - Posting date of bank areas involved is different ?

  The SAP error message 1F607 ("Posting date of bank areas involved is different") typically occurs during financial transactions involving bank accounts in SAP. This error indicates that the posting dates for the bank areas involved in the transaction do not match, which can lead to inconsistencies in financial reporting and processing.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Different Posting Dates: The bank accounts involved in the transaction have different posting dates set in their configurations.
  Transaction Date Mismatch: The transaction date being used does not align with the posting dates defined for the bank areas.
  Configuration Issues: There may be configuration settings in the bank area or company code that are not aligned, leading to discrepancies in posting dates.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Posting Dates:
  
  Verify the posting dates for the bank accounts involved in the transaction. Ensure that they are the same or that the transaction date falls within the allowed posting periods for both bank areas.
  
  
  
  Adjust Transaction Date:
  
  If the transaction date is incorrect, adjust it to match the posting dates of the bank areas involved.
  
  
  
  Review Bank Area Configuration:
  
  Go to the configuration settings for the bank areas in SAP (Transaction Code: OBYA or similar) and ensure that the posting dates are set correctly and consistently across all relevant bank areas.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct posting dates or configurations, consult with your finance or accounting team to ensure compliance with financial policies and practices.
  
  
  
  Test Transactions:
  
  After making adjustments, test the transaction again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB50 (General Ledger), F-02 (Post Document), or others that may be involved in the transaction.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation or help files for additional context on bank area configurations and posting date settings.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.