How To Fix FTVV_MESSAGES801 - Date cannot be later than the end of the fixed period

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 801

• Message text: Date cannot be later than the end of the fixed period

What causes this issue?

The calculation date for the capital deduction cannot be after the end
of the fixed period for the loan.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES801 - Date cannot be later than the end of the fixed period ?

  The SAP error message FTVV_MESSAGES801 indicates that a date you are trying to enter or process is later than the end date of a fixed period. This typically occurs in scenarios involving financial transactions, fixed asset management, or any other module where date constraints are enforced.
  Cause:
  
  Date Entry: You may have entered a date that exceeds the defined end date of a fixed period in the system.
  Configuration Settings: The fixed period settings in the system may not allow transactions to be processed beyond a certain date.
  Period Closing: The financial period may have been closed, preventing any further entries or adjustments.
  
  Solution:
  
  Check the Date: Verify the date you are trying to enter. Ensure it is within the allowed range defined by the fixed period.
  Review Fixed Period Settings: 
  
  Navigate to the configuration settings for the fixed periods in your SAP system.
  Check the start and end dates of the fixed period and adjust if necessary (if you have the appropriate permissions).
  
  
  Open the Period: If the period is closed and you need to make an entry, you may need to reopen the period. This typically requires authorization and should be done with caution to avoid impacting financial reporting.
  Consult with Finance Team: If you are unsure about changing period settings or reopening periods, consult with your finance or accounting team to ensure compliance with internal policies and procedures.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 (to maintain the posting periods) or AS01/AS02 (for asset management) depending on the context of the error.
  Documentation: Refer to SAP documentation or help files for detailed instructions on managing fixed periods and understanding the implications of changing them.
  User Permissions: Ensure you have the necessary permissions to make changes to period settings or to enter transactions.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any known issues related to this error message.