How To Fix FTR_LC144 - Termination date cannot be before nominal flow date &1

FTR_LC144 - Overview

• Message type: E = Error

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

• Message number: 144

• Message text: Termination date cannot be before nominal flow date &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC144 - Termination date cannot be before nominal flow date &1 ?

  The SAP error message FTR_LC144 indicates that there is an issue with the termination date of a financial transaction or contract in relation to the nominal flow date. Specifically, the error states that the termination date cannot be set before the nominal flow date.
  
  Cause:
  This error typically occurs in the context of financial transactions, such as loans, leases, or other financial instruments, where the system expects the termination date (the date when the contract ends) to be on or after the nominal flow date (the date when the financial flows, such as payments or interest calculations, are expected to occur). If the termination date is set earlier than the nominal flow date, the system raises this error to prevent inconsistencies in financial calculations.
  
  Solution:
  To resolve this error, you should:
  
  
  Check the Dates: Review the termination date and the nominal flow date in the relevant transaction or contract. Ensure that the termination date is