How To Fix 67_LOAN154 - Residence time check failed for the given key date

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 154

• Message text: Residence time check failed for the given key date

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN154 - Residence time check failed for the given key date ?

  The SAP error message 67_LOAN154 with the description "Residence time check failed for the given key date" typically occurs in the context of loan management or financial transactions within the SAP system. This error indicates that the residence time for a loan or financial product does not meet the required criteria for the specified key date.
  Cause:
  
  Residence Time Configuration: The residence time for a loan or financial product is defined in the system settings. If the key date falls outside the allowed residence time, this error will be triggered.
  Key Date Issues: The key date you are trying to process may not align with the residence time rules set in the system.
  Data Entry Errors: Incorrect data entry or configuration settings related to the loan or financial product can also lead to this error.
  
  Solution:
  
  Check Configuration: Review the configuration settings for residence time in the SAP system. Ensure that the residence time rules are correctly defined for the loan or financial product in question.
  Verify Key Date: Ensure that the key date you are using for the transaction is valid and falls within the acceptable range of residence time.
  Adjust Loan Parameters: If necessary, adjust the parameters of the loan or financial product to ensure compliance with the residence time requirements.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on residence time checks and how they are configured in your system.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your system's configuration.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and financial transactions, such as FTR_EDIT or FTR_CREATE.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.