How To Fix FR514 - In company code &, & is not newer than the last document reported on &

FR514 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 514

• Message text: In company code &, & is not newer than the last document reported on &

What causes this issue?

With update runs (that is, the test switch is deactivated), the program
notes the date of the most recent document (that is, with the latest
date) that was reported for each company code and fiscal year, so that
only documents which are more recent than this date are reported during
the next run (both test run and update run).
In this case the lower limit of the posting date selected is later than
the noted date.

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?

You can change the lower limit of the posting date or leave it
unchanged. If you do not change it, the situation may occur that the
program does not find any documents and does not report anything.

Error message extract from SAP system. Copyright SAP SE.

FR514 - Details

• The SAP error message FR514 typically occurs in the context of financial reporting, particularly when dealing with the reporting of financial documents in a specific company code. The error indicates that the date of the document you are trying to report is not newer than the last document that was reported for that company code. This can happen in various scenarios, such as during the preparation of financial statements or when submitting reports to tax authorities.
  
  Cause:
  
  Document Date Issue: The document you are trying to process has a date that is earlier than or the same as the last document that was reported for the specified company code.
  Incorrect Posting Date: The posting date of the document may be set incorrectly, leading to it being considered as an older document.
  Reporting Period: The reporting period may have been closed, and you are trying to post a document that falls within a closed period.
  Data