How To Fix 1G066 - Value date entry for account &1 is outside tolerance area

SAP Error Message - Details

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 066

• Message text: Value date entry for account &1 is outside tolerance area

What causes this issue?

The value date entry exceeds the tolerance values for value dates filed
for account &v1& and transaction type &v2& in conditions.

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?

Enter a new value date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1G066 - Value date entry for account &1 is outside tolerance area ?

  The SAP error message 1G066 indicates that the value date entry for a specific account is outside the defined tolerance area. This typically occurs during financial transactions, such as posting a document or processing a payment, where the value date does not fall within the acceptable range set in the system.
  Cause:
  
  Tolerance Settings: The system has specific tolerance settings for value dates, which define the acceptable range of dates for transactions. If the entered value date is outside this range, the error will be triggered.
  Configuration Issues: The configuration for the account or the company code may not be set up correctly, leading to stricter tolerance limits than intended.
  User Input Error: The user may have mistakenly entered an incorrect value date that does not comply with the defined tolerance settings.
  
  Solution:
  
  
  Check Tolerance Settings:
  
  Navigate to the configuration settings for the relevant account or company code.
  Review the tolerance settings for value dates. You can find these settings in the SAP Customizing Implementation Guide (IMG) under Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Business Transactions > Incoming Payments > Define Tolerance Groups for Employees.
  Adjust the tolerance settings if necessary to allow for a wider range of value dates.
  
  
  
  Verify Value Date:
  
  Ensure that the value date you are trying to enter is correct and falls within the acceptable range.
  If the date is indeed outside the tolerance, consider adjusting it to a valid date.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the appropriate tolerance settings or the correct value date, consult with your finance or accounting team for guidance.
  
  
  
  System Configuration:
  
  If the issue persists, it may require a deeper investigation into the system configuration. In this case, it may be necessary to involve an SAP consultant or your IT department to review the settings.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message. SAP frequently releases notes that may address specific problems or provide additional guidance.
  Documentation: Review SAP documentation related to financial transactions and value date processing for further insights into how these settings work.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB50 (General Ledger Account Document), F-28 (Incoming Payments), or FBL1N (Vendor Line Item Display) to understand where the error may be occurring.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.