How To Fix FTR_COMF056 - Average period start date must not be before contract start date

FTR_COMF056 - Overview

• Message type: E = Error

• Message class: FTR_COMF - Message class for commodity forward

• Message number: 056

• Message text: Average period start date must not be before contract start date

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_COMF056 - Average period start date must not be before contract start date ?

  The SAP error message FTR_COMF056 indicates that there is an issue with the average period start date in relation to the contract start date in the context of financial transactions, particularly in the area of treasury and risk management (TRM) or financial instruments.
  
  Cause:
  The error occurs when the average period start date you are trying to enter or process is earlier than the contract start date. This is a validation check to ensure that the periods defined for financial instruments or contracts are logically consistent. The average period start date should always be on or after the contract start date to maintain the integrity of the financial data.
  
  Solution:
  To resolve this error, you should:
  
  
  Check the Contract Start Date: Verify the contract start date in the relevant transaction or contract. Ensure that it is correctly set and reflects the intended start of the contract.
  
  
  Adjust the Average Period Start Date: Modify the average period