How To Fix FTR_LC118 - Rollover date is later than last end of term &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 118

• Message text: Rollover date is later than last end of term &1

What causes this issue?

You want to rollover a transaction deal. However, the rollover date
should be the same with or earlier than <ZK>End Term</>.
INCLUDE CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX
The application area is <ZH>FTR_LC</>.

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

System Response

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

How to fix this error?

Change rollover date.

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_LC118 - Rollover date is later than last end of term &1 ?

  The SAP error message FTR_LC118 indicates that there is an issue with the rollover date in a financial transaction, specifically in the context of financial instruments or contracts. The message states that the rollover date is later than the last end of term date, which means that the system is trying to process a rollover for a financial instrument that has already reached its end date.
  Cause:
  
  Incorrect Rollover Date: The rollover date specified in the transaction is set to a date that is beyond the last end of term date of the financial instrument.
  Data Entry Error: There may have been a mistake in entering the dates during the transaction setup or processing.
  Configuration Issues: The configuration settings for the financial instrument may not align with the expected rollover dates.
  Contractual Terms: The terms of the financial instrument may not allow for a rollover beyond the specified end date.
  
  Solution:
  
  Check Dates: Review the rollover date and the last end of term date for the financial instrument. Ensure that the rollover date is set to a date that is on or before the last end of term date.
  Adjust Rollover Date: If the rollover date is incorrect, adjust it to a valid date that complies with the contract terms.
  Review Contract Terms: Ensure that the terms of the financial instrument allow for a rollover and that the dates are correctly defined.
  Consult Documentation: Refer to the SAP documentation or user manuals for specific guidelines on handling rollover dates for financial instruments.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with a financial expert familiar with SAP transactions.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with financial instruments, such as FTR_CREATE, FTR_EDIT, or FTR_DISPLAY.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may resolve the issue.
  User Roles: Ensure that the user has the appropriate permissions to make changes to financial transactions and rollover dates.
  Testing: After making adjustments, test the transaction in a development or test environment before applying changes in the production environment.
  
  By following these steps, you should be able to resolve the error message FTR_LC118 and successfully process the rollover for the financial instrument.