How To Fix 1G589 - Value date &1 is before hierarchy start date &2

1G589 - Overview

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 589

• Message text: Value date &1 is before hierarchy start date &2

What causes this issue?

The value date of the hierarchy is before its <LS>Valid From </>date,
and the account was not balanced before this date.
This value date is treated as a value date within the hierarchy validity
when you enter a posting with value dating before the hierarchy start
and account creation. It is also balanced with the corresponding
conditions and limits.

Error message extract from SAP system. Copyright SAP SE.

1G589 - Details

• The SAP error message 1G589 indicates that a value date you are trying to use is earlier than the start date defined in the hierarchy for a particular financial transaction or process. This typically occurs in the context of financial accounting, treasury management, or similar modules where date hierarchies are enforced.
  
  Cause:
  
  
  Value Date Issue: The value date you are entering (e.g., for a payment, transaction, or posting) is set before the start date of the relevant hierarchy. This can happen if:
  
  The transaction is being processed for a date that is not allowed based on the defined hierarchy.
  The hierarchy settings have been changed, and the value date does not comply with the new settings.
  
  
  
  Hierarchy Configuration: The hierarchy might have been configured with specific start dates that restrict transactions to occur only after a certain date.
  
  
  
  Solution:
  
  
  Check the Value Date: Ensure that the value date you are entering is correct and intended. If it