How To Fix FTR_LC116 - Rollover date must be later than &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_LC - Message class for Letter of Credit

• Message number: 116

• Message text: Rollover date must be later than &1

What causes this issue?

You want to roll over a transaction. However, the rollover date must be
later than the current date.
INCLUDE CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX
The application area is <ZH>FTR_LC</>.

System Response

If this message is set as a warning message, you can still save the
transaction. If this message is set as an error message, you cannot save
the transaction deal.

How to fix this error?

Change the rollover date.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC116 - Rollover date must be later than &1 ?

  The SAP error message FTR_LC116 indicates that the rollover date specified in a financial transaction or process must be later than a certain date (denoted by &1). This error typically occurs in the context of financial instruments, particularly in the management of loans, leases, or other financial transactions that involve rollover dates.
  Cause:
  The error is triggered when:
  
  The rollover date you are trying to enter is either the same as or earlier than the date specified (the &1 placeholder).
  This could happen due to data entry errors, incorrect date settings, or misunderstanding of the transaction's timeline.
  
  Solution:
  To resolve the error, you should:
  
  Check the Rollover Date: Ensure that the rollover date you are entering is indeed later than the date indicated by &1. Adjust the date accordingly.
  Review Transaction Details: Look at the details of the transaction to ensure that all dates are set correctly and logically.
  Consult Documentation: If you are unsure about the correct dates to use, refer to the relevant SAP documentation or guidelines for the specific financial transaction you are processing.
  System Configuration: If the issue persists, it may be necessary to check the system configuration or consult with your SAP administrator to ensure that the date settings and parameters are correctly configured.
  
  Related Information:
  
  Transaction Codes: This error may occur in various transaction codes related to financial instruments, such as those used for managing loans, leases, or other financial contracts.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Permissions: Ensure that you have the necessary permissions to make changes to the financial transactions in question.
  Testing: If you are in a testing environment, ensure that the data you are using is valid and reflects realistic scenarios.
  
  If you continue to experience issues after following these steps, consider reaching out to your SAP support team for further assistance.