How To Fix 64120 - Issue date before final maturity date

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 120

• Message text: Issue date before final maturity date

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64120 - Issue date before final maturity date ?

  The SAP error message 64120, which states "Issue date before final maturity date," typically occurs in the context of financial transactions, particularly when dealing with bonds, loans, or other financial instruments that have specific issue and maturity dates.
  Cause:
  This error arises when a transaction is being processed with an issue date that is earlier than the final maturity date of the financial instrument. In financial terms, the issue date is the date on which the financial instrument is issued, while the final maturity date is the date on which the instrument expires or is due for repayment. The system enforces this rule to ensure that the financial instrument is valid and that the dates are logically consistent.
  Solution:
  To resolve this error, you should:
  
  
  Check the Dates: Review the issue date and the final maturity date of the financial instrument in question. Ensure that the issue date is not set to a date that is before the final maturity date.
  
  
  Adjust the Dates: If the issue date is indeed set incorrectly, update it to a valid date that is on or after the final maturity date.
  
  
  Review Transaction Logic: If the dates are correct but the error persists, review the logic of the transaction being processed. Ensure that all related financial instruments and transactions are aligned with the correct dates.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's financial policies to ensure compliance with any specific rules regarding issue and maturity dates.
  
  
  Seek Help from IT or SAP Support: If you are unable to resolve the issue, consider reaching out to your IT department or SAP support for further assistance.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  Transaction Codes: Familiarize yourself with the transaction codes related to financial instruments in SAP, such as those used for creating or managing bonds and loans.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to financial transactions in SAP.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.