How To Fix FCLM_BAM_MAINT418 - Valid From date should not be earlier than the account opening date.

SAP Error Message - Details

• Message type: E = Error

• Message class: FCLM_BAM_MAINT -

• Message number: 418

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

What causes this issue?

You have specified one or more <LS>Valid From</> dates for payment
approvers that are earlier than the <LS>Opening Date</> of the bank
account.

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 <LS>Valid From</> dates for payment approvers are no
earlier than the <LS>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_MAINT418 - Valid From date should not be earlier than the account opening date. ?

  The SAP error message FCLM_BAM_MAINT418 indicates that there is an 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 set for a particular record (such as a contract, agreement, or account) is earlier than the account opening date. This is a logical constraint to ensure that the validity of a record does not precede the date the account was opened, which could lead to inconsistencies in data and reporting.
  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: Ensure that the "Valid From" date you are entering is equal to or later than the account opening date. If you need to set a date for a new record, make sure it aligns with the account's timeline.
  
  
  Review Business Logic: If the "Valid From" date is intended to be earlier for a specific business reason, you may need to review the business logic or consult with your business process owner to understand if there are exceptions or adjustments that can be made.
  
  
  Consult Documentation: If you are unsure about the specific requirements or constraints, refer to the SAP documentation or help resources related to the module you are working with (e.g., SAP Financial Services).
  
  
  Testing: After making the necessary adjustments, try to save or process the record again to see if the error persists.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. Sometimes, there may be updates or fixes provided by SAP.
  User Roles and Permissions: Ensure that you have the appropriate permissions to make changes to the account or contract details.
  Training and Support: If you are frequently encountering this error, consider seeking additional training on the relevant SAP module or reaching out to your SAP support team for assistance.
  
  By following these steps, you should be able to resolve the error and proceed with your tasks in SAP.