How To Fix FTR_LC154 - Termination date is later than the date for non-extension notice

FTR_LC154 - Overview

• Message type: E = Error

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

• Message number: 154

• Message text: Termination date is later than the date for non-extension notice

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC154 - Termination date is later than the date for non-extension notice ?

  The SAP error message FTR_LC154 indicates that there is a conflict between the termination date of a financial transaction (such as a loan or lease) and the date set for a non-extension notice. This typically occurs in the context of financial contracts managed within the SAP system, particularly in the area of Treasury and Risk Management.
  
  Cause:
  The error arises when:
  
  The termination date of a financial transaction is set to a date that is later than the non-extension notice date. 
  The non-extension notice date is the date by which a party must notify the other party if they do not intend to extend the contract. If the termination date is after this notice date, it creates a logical inconsistency.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Dates: Review the termination date and the non-extension notice date in the relevant financial transaction. Ensure that the termination date is not later