How To Fix 67_LOAN128 - The specified key date "Payment" may not be before the specified key date

SAP Error Message - Details

• Message type: E = Error

• Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

• Message number: 128

• Message text: The specified key date "Payment" may not be before the specified key date

What causes this issue?

You can use the specified key date "payment" to extend the period for
including payment documents, which correspond with debit positions to be
archived in loans given, independently of the specified key date for
archiving. In this way you can also archive late incoming payments with
their relevant debit positions (that can be archived) without resetting
the archiving key date.
The specified key date "payment" has the same effect for loans taken.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter a date for the specified key date "payment" that is not after the
specified key date entered for archiving. However, the specified key
date "payment" should be at least one year before the execution date for
the document data archiving.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN128 - The specified key date "Payment" may not be before the specified key date ?

  The SAP error message 67_LOAN128 indicates that there is a problem with the key dates specified in a loan or payment transaction. Specifically, the error states that the "Payment" key date cannot be before the specified key date. This typically occurs in financial transactions where the sequence of dates is critical for processing.
  Cause:
  
  Incorrect Date Sequence: The most common cause of this error is that the payment date you have entered is earlier than another key date in the transaction (e.g., the loan start date, disbursement date, or another relevant date).
  Data Entry Error: There may have been a mistake in entering the dates, leading to an illogical sequence.
  Configuration Issues: In some cases, the configuration of the loan management module may not allow for certain date combinations.
  
  Solution:
  
  Check Key Dates: Review the key dates entered in the transaction. Ensure that the payment date is not earlier than any other relevant key date.
  Correct the Dates: If you find that the payment date is indeed before another key date, adjust the payment date to a valid date that is on or after the specified key date.
  Review Transaction Logic: Ensure that the logic of your transaction aligns with the business rules defined in your SAP system. If necessary, consult with your finance or SAP team to understand the expected date sequences.
  Test the Changes: After making the necessary adjustments, re-attempt the transaction to see if the error persists.
  
  Related Information:
  
  SAP Documentation: Refer to the SAP Help Portal or your organization's SAP documentation for specific guidelines on handling loan transactions and key dates.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FTR_CREATE, FTR_EDIT) that may be used for managing loans and payments.
  User Roles: Ensure that you have the appropriate permissions to make changes to financial transactions in SAP.
  Consult SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide further assistance.