How To Fix 1FA435 - Account &1: Value date balance on latest term start is zero

SAP Error Message - Details

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 435

• Message text: Account &1: Value date balance on latest term start is zero

What causes this issue?

You want to fix the term agreement on the latest term start date when
the value date balance is zero. Depending on the product settings, the
system can proceed with the fixing process only if the account balance
is equal to the contract amount, or is between the minimum and maximum
deposit amounts.

System Response

The system changes the status of the term agreement to <ZK>In
Postprocessing</>.

How to fix this error?

Ensure that the account has an adequate balance before executing the
report for fixing the term agreement.

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 1FA435 - Account &1: Value date balance on latest term start is zero ?

  The SAP error message "1FA435 Account &1: Value date balance on latest term start is zero" typically indicates that there is an issue with the balance of a specific account at the start of a term. This error can occur in various SAP modules, particularly in financial accounting or asset management, where value dates and balances are critical for processing transactions.
  Cause:
  
  
  Zero Balance at Term Start: The error suggests that the account in question has a zero balance at the beginning of the term. This could happen if:
  
  The account was not properly initialized or funded.
  There were no transactions recorded in the account before the term started.
  There may have been an error in the configuration or data entry that led to the account not having a balance.
  
  
  
  Incorrect Configuration: The account may not be set up correctly in the system, leading to issues with how balances are calculated or displayed.
  
  
  Data Migration Issues: If data was migrated from another system, there may have been issues with how balances were transferred, resulting in a zero balance.
  
  
  Solution:
  
  
  Check Account Initialization: Ensure that the account has been properly initialized and that there are transactions recorded before the term start date. If necessary, post a transaction to bring the balance above zero.
  
  
  Review Configuration: Check the configuration settings for the account in question. Ensure that all necessary parameters are set correctly and that the account is active.
  
  
  Transaction History: Review the transaction history for the account to confirm that there are no missing entries that should have contributed to the balance.
  
  
  Data Correction: If the issue is due to data migration or entry errors, correct the data as needed. This may involve posting correcting entries or adjusting the account balance manually.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance related to the error message and the module you are working in.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT team for further assistance.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FB50 for general ledger postings, FBL3N for account balance display) that may help in troubleshooting.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.