How To Fix 65104 - Bond can only be terminated after issue start

SAP Error Message - Details

• Message type: E = Error

• Message class: 65 - Securities class data

• Message number: 104

• Message text: Bond can only be terminated after issue start

What causes this issue?

It does not make sense to have termination date &V2& of the bond holder
or issuer (master data) before date &V1& of the issue start (condition
header).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 65104 - Bond can only be terminated after issue start ?

  The SAP error message 65104, "Bond can only be terminated after issue start," typically occurs in the context of managing financial instruments, particularly bonds, within the SAP system. This error indicates that an attempt is being made to terminate a bond before its issue start date has been reached.
  Cause:
  The primary cause of this error is that the bond in question has not yet reached its designated issue start date. In SAP, bonds have specific parameters, including an issue start date, which defines when the bond is officially active. If you attempt to terminate or perform certain actions on the bond before this date, the system will generate this error message.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Bond Details: Verify the bond's issue start date in the SAP system. You can do this by navigating to the relevant transaction code (such as transaction code FTR_EDIT for financial transactions) and reviewing the bond's master data.
  
  
  Wait Until the Issue Start Date: If the bond has not yet reached its issue start date, you will need to wait until that date before attempting to terminate the bond.
  
  
  Adjust the Transaction: If you mistakenly attempted to terminate the bond, ensure that you are performing the correct action at the appropriate time. If you need to make changes to the bond, consider whether those changes can be made before the issue start date.
  
  
  Consult Documentation: Review the SAP documentation or help files related to bond management for additional context on the error and the proper procedures for managing bonds.
  
  
  Contact Support: If you believe that the error is occurring inappropriately (for example, if the issue start date is correct and you still receive the error), consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for bond management, such as FTR_CREATE, FTR_EDIT, and FTR_LIST.
  Bond Management: Understand the lifecycle of bonds in SAP, including issuance, servicing, and termination processes.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  
  By following these steps, you should be able to address the error message 65104 effectively.