How To Fix FTR_GENERAL058 - Added payment details for &1/&2/&3/&4 after clearing date

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_GENERAL - Common messages for Correspondence object

• Message number: 058

• Message text: Added payment details for &1/&2/&3/&4 after clearing date

What causes this issue?

You are trying to add payment details for &V1&/&V2&/&V3&/&V4&. However,
payment details with an earlier valid-from date (clearing date) already
exist after having been generated automatically by the novation.

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?

Check whether these payment details need to be added and/or whether the
valid-from date of these payment details is correct.

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 FTR_GENERAL058 - Added payment details for &1/&2/&3/&4 after clearing date ?

  The SAP error message FTR_GENERAL058 indicates that payment details have been added for a financial transaction after the clearing date. This typically occurs in the context of financial transactions, such as those related to treasury management or financial instruments, where the clearing date is significant for processing payments and settlements.
  Cause:
  The error arises when:
  
  Payment details are being entered or modified for a transaction that has already been cleared.
  The clearing date has passed, and the system does not allow changes to the payment details for that transaction.
  
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check the Clearing Date: Verify the clearing date of the transaction in question. If the transaction has indeed been cleared, you will need to assess whether it is appropriate to modify the payment details.
  
  
  Reopen the Transaction: If it is necessary to change the payment details, you may need to reverse the clearing of the transaction. This can typically be done through specific transaction codes or processes in SAP, depending on your organization's policies and procedures.
  
  
  Consult with Finance Team: If you are unsure about the implications of changing payment details after the clearing date, consult with your finance or treasury team. They can provide guidance on whether the changes are permissible and what steps to take.
  
  
  Use Correct Transaction Codes: Ensure that you are using the correct transaction codes for entering or modifying payment details. If you are trying to add payment details to a cleared transaction, you may need to use a different approach.
  
  
  Review Configuration Settings: In some cases, the system configuration may restrict changes to cleared transactions. Review the configuration settings in the SAP system to see if adjustments can be made to allow for such changes.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit financial transactions) or FTR_DEL (to delete financial transactions) that may help in managing financial transactions.
  Documentation: Refer to SAP documentation or help files for detailed instructions on handling financial transactions and clearing processes.
  User Authorizations: Ensure that you have the necessary authorizations to make changes to financial transactions, as restrictions may be in place based on user roles.
  
  By following these steps, you should be able to address the FTR_GENERAL058 error and manage payment details appropriately in your SAP system.