How To Fix FB524 - Enter either key date for days in arrears or standard

FB524 - Overview

• Message type: E = Error

• Message class: FB - Batch Programs

• Message number: 524

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

What causes this issue?

You have choosen at least one of the four possible due date sorted
lists. A key date for due dates is needed for the calculation of the
days to include them into the sorted lists. However, you have not
explicitly entered a key date for due dates nor have you chosen a
standard key date for due dates.

System Response

Cancellation of processing.

How to fix this error?

Please check your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FB524 - Enter either key date for days in arrears or standard ?

  The SAP error message FB524, 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 a key date to calculate days in arrears or a standard date for processing the transaction.
  
  Cause:
  
  Missing Key Date: The key date for days in arrears is not provided in the transaction. This date is necessary for the system to determine how many days a payment is overdue.
  Incorrect Configuration: The system may not be configured correctly to handle the payment terms or the specific transaction type.
  Data Entry Error: The user may have overlooked entering the required date fields during the transaction entry.
  
  
  Solution:
  
  Enter Key Date: When prompted with the error, ensure that you enter a valid key date for days in arrears. This date should reflect the date from which you