How To Fix 69308 - Transf. key date &1 must be after contract currency conversion date &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 69 - Central Functions of Financial Asset Management

• Message number: 308

• Message text: Transf. key date &1 must be after contract currency conversion date &2

What causes this issue?

The selected key date for the balance sheet transfer &v1& is before the
posting date for currency swap postings &v2& for the euro changeover:
Loan &v3& in company code &v4&

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?

Adjust the timing of the change that results in the balance sheet
transfer, ensuring that the transfer key date falls after the posting
date for the currency swap postings for the contract currency
changeover.
Alternatively, reset the contract currency changeover before you make
the transfer posting.

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 69308 - Transf. key date &1 must be after contract currency conversion date &2 ?

  The SAP error message 69308 indicates that there is a mismatch between the transfer key date and the contract currency conversion date in a financial transaction or contract. Specifically, the transfer key date (denoted as &1) must be later than the contract currency conversion date (denoted as &2). This error typically arises in scenarios involving currency conversions, such as when dealing with contracts, financial documents, or transactions that involve multiple currencies.
  Cause:
  
  Date Mismatch: The transfer key date you are trying to use is earlier than the contract currency conversion date. This can happen if the dates are not set correctly in the system or if there is a misunderstanding of the transaction timeline.
  Incorrect Data Entry: Users may inadvertently enter the wrong dates during data entry, leading to this error.
  System Configuration: There may be issues with how the system is configured to handle currency conversions and date validations.
  
  Solution:
  
  Check Dates: Review the transfer key date and the contract currency conversion date. Ensure that the transfer key date is set to a date that is after the contract currency conversion date.
  Correct Data Entry: If the dates are incorrect, update the transfer key date to a valid date that meets the requirement.
  Review Contract Details: Look into the contract details to ensure that all relevant dates are correctly configured and that there are no discrepancies.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling currency conversions and date settings.
  System Configuration: If the issue persists, it may be necessary to consult with your SAP administrator or technical support team to review system settings and configurations related to currency conversion and date validations.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using specific transaction codes related to contract management, financial postings, or currency conversion.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling currency conversion issues.
  User Roles: Ensure that users have the appropriate roles and permissions to make changes to contract details and dates.
  
  By following these steps, you should be able to resolve the error message 69308 and ensure that your financial transactions are processed correctly.