How To Fix 65109 - Right to offer date cannot be before issue start

SAP Error Message - Details

• Message type: E = Error

• Message class: 65 - Securities class data

• Message number: 109

• Message text: Right to offer date cannot be before issue start

What causes this issue?

It does not make sense to have the right to offer date &V2& (master
data) before the issue start date &V1& (condition header).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 65109 - Right to offer date cannot be before issue start ?

  The SAP error message 65109, "Right to offer date cannot be before issue start," typically occurs in the context of financial transactions, particularly when dealing with securities or financial instruments. This error indicates that the date you are trying to set for the "Right to Offer" is earlier than the "Issue Start" date, which is not allowed according to the business rules defined in the system.
  Cause:
  
  Date Configuration: The "Right to Offer" date is set to a date that precedes the "Issue Start" date. This could happen due to manual entry errors or incorrect date settings in the system.
  Business Logic: The underlying business logic in SAP requires that the "Right to Offer" date must always be on or after the "Issue Start" date to ensure that the rights are offered only after the issue has started.
  
  Solution:
  
  Check Dates: Review the dates you have entered for both the "Right to Offer" and "Issue Start." Ensure that the "Right to Offer" date is set to a date that is equal to or later than the "Issue Start" date.
  Adjust Dates: If the "Right to Offer" date is incorrect, adjust it to a valid date that meets the criteria.
  Validation: After making the changes, validate the entries again to ensure that the error does not reoccur.
  Consult Documentation: If you are unsure about the correct dates or the process, refer to the relevant SAP documentation or consult with your SAP administrator or functional consultant.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using specific transaction codes related to securities, such as issuing rights or managing financial instruments.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address specific issues.
  User Roles: Ensure that you have the appropriate permissions to make changes to the dates in question, as some fields may be restricted based on user roles.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team for further assistance.