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