How To Fix FTR_LC125 - Auto extension expiry date must fall after end of term

FTR_LC125 - Overview

• Message type: E = Error

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

• Message number: 125

• Message text: Auto extension expiry date must fall after end of term

Self-Explanatory Message

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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.

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FTR_LC125 - Details

• The SAP error message FTR_LC125 indicates that there is an issue with the auto-extension expiry date in a financial transaction, specifically in the context of leasing or financial contracts. The error states that the auto-extension expiry date must fall after the end of the term of the contract. 
  
  Cause:
  This error typically occurs when:
  
  The auto-extension expiry date is set to a date that is on or before the end date of the current term of the contract.
  There may be a configuration issue or incorrect data entry in the contract details.
  The system is enforcing business rules that require the auto-extension date to be logically after the end of the current term.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Dates: Review the contract details to ensure that the auto-extension expiry date is set correctly. It should be after the end date of the current term.
  
  
  Update Auto-Extension Date: If the auto-extension