How To Fix FB457 - Enter either key date for days in arrears or standard

SAP Error Message - Details

• Message type: E = Error

• Message class: FB - Batch Programs

• Message number: 457

• Message text: Enter either key date for days in arrears or standard

What causes this issue?

You have requested both a key date for calculating the days in arrears
individually predefined and a proposal for a standard key date. However,
the two entries are alternative.

System Response

Abnormal termination of processing.

How to fix this error?

Please select only one of the two possible entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FB457 - Enter either key date for days in arrears or standard ?

  The SAP error message FB457, which states "Enter either key date for days in arrears or standard," typically occurs in the context of financial transactions, particularly when dealing with payment processing or accounts receivable. This error indicates that the system requires specific information regarding the key date for days in arrears or a standard date, but neither has been provided.
  Cause:
  
  Missing Key Date: The user has not entered a key date for days in arrears, which is necessary for the system to calculate overdue payments or interest.
  Standard Date Not Provided: The standard date, which may be used for processing payments or calculating due dates, is also missing.
  Configuration Issues: There may be issues with the configuration settings in the SAP system that dictate how dates are handled in financial transactions.
  
  Solution:
  To resolve the FB457 error, you can take the following steps:
  
  
  Enter Key Date:
  
  When prompted, enter a key date for days in arrears. This date is typically the date from which you want to calculate overdue payments.
  Ensure that the date format is correct and that it falls within the acceptable range for the transaction.
  
  
  
  Provide Standard Date:
  
  If applicable, enter a standard date that the system can use for processing. This may be a due date or a payment date.
  
  
  
  Check Configuration:
  
  If you are consistently encountering this error, it may be worth checking the configuration settings in the SAP system. Consult with your SAP administrator or financial module consultant to ensure that the settings for payment processing and date handling are correctly configured.
  
  
  
  Review Documentation:
  
  Refer to SAP documentation or help files related to the specific transaction you are working with. This can provide additional context on required fields and their formats.
  
  
  
  Consult SAP Support:
  
  If the issue persists after trying the above solutions, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: This error may occur in various transaction codes related to financial postings, such as FB60 (Enter Incoming Invoice), FB70 (Enter Outgoing Invoice), or F-28 (Post Incoming Payments).
  User Roles: Ensure that the user has the appropriate permissions to enter the required data in the transaction.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to resolve the FB457 error and proceed with your financial transactions in SAP.