How To Fix 1FA461 - The determined collection date was set to the account opening date

SAP Error Message - Details

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 461

• Message text: The determined collection date was set to the account opening date

What causes this issue?

The calculated collection date would be on a date before the account
opening according to the settings, which is not allowed. Therefore,
the system set the collection date to the account opening date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA461 - The determined collection date was set to the account opening date ?

  The SAP error message 1FA461, which states "The determined collection date was set to the account opening date," typically occurs in the context of financial transactions, particularly when dealing with payment collections or direct debits in SAP's Financial Accounting (FI) module.
  Cause:
  This error usually arises when the system attempts to determine a collection date for a payment or direct debit, but it finds that the collection date is being set to the account opening date instead of a valid future date. This can happen due to several reasons:
  
  Configuration Issues: The settings for the payment collection process may not be correctly configured in the system.
  Account Status: The account may not be in a valid state for processing payments, such as being newly opened or not yet fully activated.
  Missing Data: Required data for determining the collection date may be missing or incorrectly entered in the customer or vendor master data.
  Business Rules: The business rules defined for collection dates may not allow for a valid date to be determined based on the current settings.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration: Review the configuration settings for payment collections in the SAP system. Ensure that the rules for determining collection dates are correctly set up.
  
  Navigate to the relevant configuration path in SPRO (SAP Project Reference Object) and check the settings under Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Payment Transactions.
  
  
  
  Review Account Status: Verify the status of the account in question. Ensure that it is active and properly set up for payment collections.
  
  
  Validate Master Data: Check the customer or vendor master data for completeness and accuracy. Ensure that all required fields are filled out correctly, especially those related to payment terms and collection dates.
  
  
  Test with Different Scenarios: If possible, try to simulate the transaction with different accounts or settings to see if the error persists. This can help identify if the issue is specific to certain accounts or configurations.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for additional insights into the error message and its implications.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide patches or updates if the issue is related to a known bug.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FD32 (Change Customer Credit Management) or FBL5N (Customer Line Item Display) to review account details.
  SAP Notes: Search for SAP Notes related to error message 1FA461 in the SAP Support Portal, as there may be specific notes addressing this issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.