How To Fix 1M012 - Next balancing date &1 is in the past. It has to be after &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: 1M - BKK: Abschluß

• Message number: 012

• Message text: Next balancing date &1 is in the past. It has to be after &2.

What causes this issue?

Next balancing date &1 is in the past.

System Response

The next balancing date has to be after &2.

How to fix this error?

Enter a date for next balancing after &2.

Procedure for System Administrators

You can switch off the message in Customizing for Bank Customer Accounts
(IS-B-BCA). Choose
Tools-><DS:SIMG.BCA_V_T100C>Change Message Control</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1M012 - Next balancing date &1 is in the past. It has to be after &2. ?

  The SAP error message 1M012 indicates that there is an issue with the balancing date in a financial transaction or posting. Specifically, the error states that the next balancing date you are trying to enter is in the past, and it must be set to a date that is after a specified date.
  Cause:
  This error typically occurs in the following scenarios:
  
  Incorrect Date Entry: The user has entered a balancing date that is earlier than the current date or the date specified in the error message.
  Configuration Issues: There may be settings in the financial module that restrict the posting of transactions to certain periods or dates.
  Period Closing: The financial period may have been closed, preventing postings to that period.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Date: Verify the balancing date you are trying to enter. Ensure that it is set to a future date that is after the date indicated in the error message.
  
  
  Adjust the Posting Date: If you are trying to post a transaction, make sure that the posting date is also set correctly and is not in the past.
  
  
  Review Configuration: If you have the necessary permissions, check the configuration settings in the financial module to ensure that there are no restrictions on the dates that can be used for postings.
  
  
  Open Periods: If the financial period is closed, you may need to open the period for posting or consult with your finance team to determine if the transaction can be posted in a different period.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's SAP support team for specific guidelines related to your configuration and version of SAP.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 (to manage posting periods) or FBL1N (to view vendor line items) to check or adjust settings.
  User Roles: Ensure that you have the appropriate user roles and permissions to make changes to financial postings and periods.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context.
  
  If the issue persists after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.