How To Fix CRM_PRODUCT_FINANCE162 - Date rule &2 for valid-to date not allowed in last payment step

CRM_PRODUCT_FINANCE162 - Overview

• Message type: E = Error

• Message class: CRM_PRODUCT_FINANCE - Message Class for CRM_PRODUCT_FINANCE Development Class

• Message number: 162

• Message text: Date rule &2 for valid-to date not allowed in last payment step

What causes this issue?

You entered date rule &v2& for the valid-to date in the last payment
step of the payment structure. However, this only makes sense for
interim periods and special payment steps. The system calculates the
payment plan automatically based on the specified term.

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?

Delete the date rule for the valid-to date from the last payment step
(transaction type &v1&).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

CRM_PRODUCT_FINANCE162 - Details

• The SAP error message CRM_PRODUCT_FINANCE162 indicates that there is an issue with the date rule for the "valid-to" date in the last payment step of a financial transaction or process within the SAP CRM (Customer Relationship Management) system. This error typically arises when the valid-to date does not comply with the defined date rules or constraints set in the system.
  
  Cause:
  
  Invalid Date Configuration: The valid-to date may be set to a date that is not allowed according to the business rules or configuration settings in the system.
  Payment Schedule Issues: The payment schedule may not align with the valid-to date, leading to conflicts in the payment processing.
  Data Entry Errors: There may be a manual entry error where the valid-to date is incorrectly inputted.
  System Configuration: The system may have specific configurations that restrict certain date ranges for financial transactions.
  
  
  Solution:
  
  Check Valid-to Date: Review the valid-to date entered in the transaction. Ensure that it falls