How To Fix 68071 - Lock-up period end date & before payment date or due date

SAP Error Message - Details

• Message type: E = Error

• Message class: 68 - Message for DARWIN Loans (continued)

• Message number: 071

• Message text: Lock-up period end date & before payment date or due date

What causes this issue?

A payment date was entered which is after the end of the lock-up
period. The payment date is also the due date.

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?

Check the date entered or the lock-up period end.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 68071 - Lock-up period end date & before payment date or due date ?

  The SAP error message "68071 Lock-up period end date & before payment date or due date" typically occurs in the context of financial transactions, particularly when dealing with payment processing or invoice management. This error indicates that there is a conflict between the lock-up period settings and the payment or due dates of a transaction.
  Cause:
  
  Lock-up Period Configuration: The lock-up period is a defined timeframe during which certain financial transactions cannot be processed. If the end date of this lock-up period is set to a date that is before the payment date or due date of an invoice, the system will trigger this error.
  Incorrect Date Settings: The payment date or due date may have been incorrectly entered or set in the system, leading to a situation where it falls outside the permissible range defined by the lock-up period.
  Business Rules: There may be specific business rules or policies in place that dictate how long after a certain date transactions can be processed, which may not align with the current transaction dates.
  
  Solution:
  
  Review Lock-up Period Settings: Check the configuration of the lock-up period in the system. Ensure that the end date of the lock-up period is set to a date that is on or after the payment date or due date of the transaction.
  Adjust Payment/Due Dates: If the lock-up period is correctly configured, consider adjusting the payment date or due date of the transaction to fall within the allowed range.
  Consult with Finance Team: If you are unsure about the appropriate settings or adjustments, consult with your finance or accounting team to ensure compliance with business rules and policies.
  System Configuration: If necessary, involve your SAP system administrator or consultant to review the configuration settings related to lock-up periods and payment processing.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 to manage the lock-up periods in SAP.
  Documentation: Refer to SAP documentation or help files for detailed information on configuring lock-up periods and understanding the implications of these settings.
  User Roles: Ensure that you have the appropriate permissions to make changes to financial settings in SAP, as these changes may require specific roles or authorizations.
  
  By addressing the configuration of the lock-up period and ensuring that transaction dates align with business rules, you should be able to resolve the error message 68071.