How To Fix FTI042 - Position value date used for determining remaining term/days overdue

FTI042 - Overview

• Message type: E = Error

• Message class: FTI - Treasury Information System

• Message number: 042

• Message text: Position value date used for determining remaining term/days overdue

What causes this issue?

According to the documentation, the due date for flows is needed in
order to determine these fields:
Remaining term
Days overdue

System Response

Since the system does not yet recognize due dates for parallel valuation
areas in position management, the system uses the position value date
instead of due dates to calculate the above fields.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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 FTI042 - Position value date used for determining remaining term/days overdue ?

  The SAP error message FTI042 typically relates to issues with the value date used in financial transactions, particularly in the context of treasury and cash management. This error indicates that the system is unable to determine the remaining term or the number of days overdue for a financial instrument or transaction due to an invalid or missing position value date.
  
  Cause:
  
  Missing Value Date: The position value date may not be set or is missing in the relevant financial transaction or instrument.
  Incorrect Value Date: The value date provided may be in the past or not aligned with the expected date format.
  
  Configuration Issues: There may be configuration issues in the treasury module that affect how value dates are processed.
  Data Inconsistencies: There could be inconsistencies in the data related to the financial instruments or transactions that are being processed.
  
  
  Solution:
  
  Check Value Date: Verify that the position value date is correctly set in the transaction. Ensure