How To Fix 1FA440 - The adjusted term duration is shorter than the minimum deposit duration

SAP Error Message - Details

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 440

• Message text: The adjusted term duration is shorter than the minimum deposit duration

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA440 - The adjusted term duration is shorter than the minimum deposit duration ?

  The SAP error message 1FA440, which states "The adjusted term duration is shorter than the minimum deposit duration," typically occurs in the context of financial transactions involving deposits or investment products in SAP. This error indicates that the term duration you are trying to set for a deposit is shorter than the minimum duration allowed by the system or the specific product configuration.
  Cause:
  
  Minimum Duration Requirement: Each deposit product in SAP has a defined minimum duration. If the term you are trying to set is below this minimum, the system will trigger this error.
  Configuration Settings: The configuration settings for the deposit product may have been set incorrectly, or the product may not allow for the term you are trying to use.
  Data Entry Error: There may be a mistake in the data entry, such as entering the wrong term duration.
  
  Solution:
  
  Check Minimum Duration: Review the product configuration to determine the minimum term duration required for the deposit. This can usually be found in the product master data or configuration settings.
  Adjust Term Duration: Modify the term duration you are trying to set to ensure it meets or exceeds the minimum duration requirement.
  Consult Documentation: Refer to the SAP documentation or user manuals for the specific financial module you are using to understand the rules and configurations related to deposit products.
  Contact Support: If you are unsure about the configuration or how to resolve the issue, consider reaching out to your SAP support team or a consultant who specializes in SAP financial modules.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring deposit products.
  Transaction Codes: Familiarize yourself with transaction codes related to deposit management, such as those for creating or modifying deposit products.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to the deposit product configurations.
  
  By following these steps, you should be able to resolve the error and proceed with your transaction.