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

1FA461 - Overview

• 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.

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• 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