How To Fix FTR_TEX1628 - Determination of planning period and year from due date not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TEX1 - Messages for raw exposures

• Message number: 628

• Message text: Determination of planning period and year from due date not possible

What causes this issue?

You haven't maintained a planning year variant for the exposure position
type &V1&

System Response

The system is unable to determine the planning period and the planning
year from the given due date.

How to fix this error?

In the Customizing of the <ZK>Transaction Manager </>under <ZK>General
Settings -> Settings for Exposure Management 2.0 ->
<DS:SIMG.TEXVC_EXPOSURE_TYPE>Define Exposure Position Types</> </>modify
the exposure position type settings and provide the planning year
variant.

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_TEX1628 - Determination of planning period and year from due date not possible ?

  The SAP error message FTR_TEX1628 indicates that the system is unable to determine the planning period and year based on the due date provided in a financial transaction, typically related to treasury or financial management processes. This error can occur in various contexts, such as when processing financial instruments, loans, or other treasury-related transactions.
  Causes:
  
  Invalid Due Date: The due date provided may not fall within the defined planning periods in the system.
  Missing Planning Periods: The planning periods may not be defined for the fiscal year in question.
  Configuration Issues: There may be issues with the configuration of the financial management module, particularly in the areas related to planning and forecasting.
  Fiscal Year Variant: The fiscal year variant may not be correctly set up, leading to discrepancies in how dates are interpreted.
  Date Format Issues: The date format may not be recognized by the system, leading to misinterpretation of the due date.
  
  Solutions:
  
  Check Due Date: Verify that the due date entered is correct and falls within the expected range of planning periods.
  Define Planning Periods: Ensure that planning periods are defined for the relevant fiscal year in the system. This can typically be done in the configuration settings of the financial module.
  Review Configuration: Check the configuration settings for the financial management module to ensure that all necessary parameters are set correctly.
  Fiscal Year Variant: Confirm that the fiscal year variant is correctly configured and that it aligns with the due date being processed.
  Date Format: Ensure that the date format used is compatible with the system's requirements. Adjust the format if necessary.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB29 (to maintain fiscal year variants) or OB52 (to maintain posting periods) to check and adjust settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  Documentation: Review SAP documentation related to financial planning and treasury management for best practices and configuration guidelines.
  Support: If the issue persists, consider reaching out to SAP support or consulting with a functional consultant who specializes in treasury management.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.