How To Fix FTVV_MESSAGES244 - Date is before fixed period end (&)

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 244

• Message text: Date is before fixed period end (&)

What causes this issue?

The date by which the loan contract is to be signed and sent back by
the borrower is before the end of the fixed period for the contract.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the date entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES244 - Date is before fixed period end (&) ?

  The SAP error message FTVV_MESSAGES244 indicates that a date you are trying to use in a transaction or process is before the end of a fixed period. This typically occurs in financial or controlling modules where certain periods are defined for reporting, budgeting, or other financial activities.
  Cause:
  
  Fixed Period Definition: The system has a defined fixed period (e.g., fiscal year, month) that restricts transactions to occur only within that period. If you attempt to enter a date that falls before this defined period, the system will generate this error.
  Configuration Settings: The configuration settings in the financial module may have been set to restrict transactions to specific periods, and the date you are trying to use does not comply with these settings.
  Data Entry Error: It could also be a simple data entry error where the wrong date was inputted.
  
  Solution:
  
  Check the Date: Verify the date you are trying to enter. Ensure it falls within the allowed range of the fixed period.
  Review Fixed Period Settings: Go to the configuration settings in the SAP system to review the fixed period definitions. You may need to adjust the period settings if they are too restrictive and if business processes allow for it.
  Change the Date: If the date is indeed incorrect, change it to a valid date that falls within the defined fixed period.
  Consult with Finance Team: If you are unsure about the fixed periods or need to make changes, consult with your finance or controlling team to understand the implications of changing period settings.
  Transaction Type: Ensure that the transaction type you are trying to execute is allowed for the date you are using. Some transactions may have specific date restrictions.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 to manage the open and closed periods in financial accounting.
  Documentation: Refer to SAP documentation or help files for more detailed information on managing periods and understanding error messages.
  User Roles: Ensure that you have the appropriate permissions to make changes to period settings or to execute transactions in the specified periods.
  
  If the issue persists after checking the above points, it may be beneficial to reach out to your SAP support team or consult the SAP community for further assistance.