How To Fix FCLM_BAM_MAINT245 - Valid From date should not be earlier than the account opening date.

FCLM_BAM_MAINT245 - Overview

• Message type: E = Error

• Message class: FCLM_BAM_MAINT -

• Message number: 245

• Message text: Valid From date should not be earlier than the account opening date.

What causes this issue?

You have specified a <ZH>valid-from </>date for one of the following
objects and the date is earlier than the <ZH>opening date </>of the bank
account:
House bank account
Payment approver
Overdraft limit

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?

Make sure the <ZH>valid-from </>dates for these objects are no earlier
than the <ZH>opening date </>of the bank account.

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 FCLM_BAM_MAINT245 - Valid From date should not be earlier than the account opening date. ?

  The SAP error message FCLM_BAM_MAINT245 indicates that there is a validation issue with the "Valid From" date in relation to the account opening date. This error typically occurs in the context of managing financial accounts or contracts within the SAP system, particularly in the Financial Services sector.
  
  Cause:
  The error arises when the "Valid From" date you are trying to enter is set to a date that is earlier than the account opening date. This is a logical validation to ensure that the validity period of a record does not precede the date when the account or contract was created. 
  
  Solution:
  To resolve this error, you should:
  
  
  Check the Account Opening Date: Verify the actual account opening date for the account in question. This can usually be found in the account details or master data.
  
  
  Adjust the Valid From Date: Modify the "Valid From" date to be the same as or later than the account