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

1M012 - Overview

• 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.

1M012 - Details

• 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