How To Fix 6X262 - New fixed int. period begins before end of current fixed period (&)

6X262 - Overview

• Message type: E = Error

• Message class: 6X - Financial Assets Management rollover messages

• Message number: 262

• Message text: New fixed int. period begins before end of current fixed period (&)

What causes this issue?

The new fixed interest period (new 'Fixed from' date) begins before the
end of the current fixed interest period (old 'Fixed until' date).
The system will attempt to perform a preliminary rollover. This is
merely a warning to inform you of the date overlap.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 6X262 - New fixed int. period begins before end of current fixed period (&) ?

  The SAP error message 6X262 indicates that a new fixed interest period is being set to begin before the end of the current fixed interest period. This typically occurs in the context of financial transactions, particularly in the management of fixed interest rates for loans or financial instruments.
  
  Cause:
  The error arises when:
  
  You are trying to create or modify a fixed interest period in a way that overlaps with an existing period.
  The start date of the new fixed interest period is earlier than the end date of the current fixed interest period.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Fixed Interest Periods:
  
  Review the existing fixed interest periods for the relevant financial instrument or loan. Ensure that the new period you are trying to create does not overlap with any existing periods.
  
  
  
  Adjust Dates:
  
  Modify the start date of the new fixed interest period to ensure it begins after the end date