How To Fix FTR_TEX1192 - Valid From date &1 is older than the Valid From date &2 of prev. version

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TEX1 - Messages for raw exposures

• Message number: 192

• Message text: Valid From date &1 is older than the Valid From date &2 of prev. version

What causes this issue?

The <LS>Valid From</> date of the current raw exposure version is older
than the <LS>Valid From</> date of the last released version. This is
not allowed.

System Response

The raw exposure cannot be released.

How to fix this error?

Edit the raw exposure to change the <LS>Valid From</> 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_TEX1192 - Valid From date &1 is older than the Valid From date &2 of prev. version ?

  The SAP error message FTR_TEX1192 indicates that there is a conflict with the "Valid From" dates of a financial transaction or master data record in the system. Specifically, it means that the "Valid From" date you are trying to enter (denoted as &1) is earlier than the "Valid From" date of a previous version of the record (denoted as &2). This typically occurs in the context of financial instruments, such as derivatives or other financial transactions, where versioning is used to track changes over time.
  Cause:
  
  Date Conflict: You are attempting to create or modify a record with a "Valid From" date that is earlier than an existing record's "Valid From" date.
  Versioning Logic: SAP uses versioning to maintain historical data integrity. Each version of a record must have a "Valid From" date that is later than the previous version.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Records: Review the existing records for the same financial instrument or transaction. Identify the "Valid From" date of the previous version (the one with date &2).
  
  
  Adjust the Date: Change the "Valid From" date you are trying to enter (the one with date &1) to a date that is equal to or later than the "Valid From" date of the previous version.
  
  
  Create a New Version: If you need to make changes to the record, ensure that you are creating a new version with a valid date range that does not conflict with existing records.
  
  
  Consult Documentation: If you are unsure about the correct dates or the implications of changing them, consult your organization's documentation or reach out to a colleague with expertise in SAP financial transactions.
  
  
  Testing: After making the necessary adjustments, test the changes in a development or test environment before applying them in production to ensure that the error is resolved.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with financial instruments, such as FTR_EDIT (for editing financial transactions) or FTR_CREATE (for creating new transactions).
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or enhancements that could affect your situation.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to the records in question, as restrictions may also lead to errors.
  
  By following these steps, you should be able to resolve the FTR_TEX1192 error and successfully manage your financial records in SAP.