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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR514 - In company code &, & is not newer than the last document reported on & ?

  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 Entry Error: There may be a mistake in the data entry, such as entering the wrong date or company code.
  
  Solution:
  
  Check Document Dates: Review the date of the document you are trying to report. Ensure that it is indeed newer than the last reported document for the company code in question.
  Adjust Posting Date: If the posting date is incorrect, adjust it to a date that is newer than the last reported document.
  Open Reporting Period: If the reporting period is closed, you may need to open it again (if allowed) or post the document in the next reporting period.
  Review Last Reported Document: Check the last reported document for the company code to understand its date and ensure your new document is appropriately dated.
  Consult with Finance Team: If you are unsure about the reporting requirements or the implications of changing document dates, consult with your finance or accounting team for guidance.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FB03 (Display Document) to view the last reported document or FBL1N (Vendor Line Item Display) to check related transactions.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or fixes provided by SAP.
  Documentation: Review SAP documentation or help files related to financial reporting and document posting to ensure compliance with reporting standards.
  
  If the issue persists after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.