How To Fix FTVV_MESSAGES802 - Date cannot be before the start of the fixed period

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 802

• Message text: Date cannot be before the start of the fixed period

What causes this issue?

The calculation date for the capital deduction cannot be after the
start of the fixed period of 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_MESSAGES802 - Date cannot be before the start of the fixed period ?

  The SAP error message FTVV_MESSAGES802 indicates that a date you are trying to enter or process is earlier than the start date of a fixed period defined in the system. This typically occurs in financial transactions, such as posting documents, where the system enforces date restrictions based on the fiscal year or fixed periods.
  Cause:
  
  Fixed Period Settings: The fixed period (e.g., fiscal year, posting period) has a defined start date, and the date you are trying to use falls before this start date.
  Configuration Issues: The configuration of the fiscal year variant or posting periods may not align with the dates you are trying to use.
  Data Entry Error: There may be a simple mistake in the date entry, such as entering the wrong year or month.
  
  Solution:
  
  
  Check Fixed Period Settings:
  
  Go to the configuration settings for your fiscal year variant and check the defined start and end dates for the fixed periods.
  Ensure that the date you are trying to use falls within the allowed range.
  
  
  
  Adjust the Date:
  
  If the date you are trying to enter is indeed before the start of the fixed period, you will need to adjust it to a valid date that falls within the defined range.
  
  
  
  Change Posting Periods:
  
  If necessary, you can change the posting periods to allow for earlier dates, but this should be done with caution and typically requires appropriate authorization.
  
  
  
  Consult with Your SAP Administrator:
  
  If you are unsure about the configuration or how to proceed, consult with your SAP administrator or finance team to ensure compliance with your organization's policies.
  
  
  
  Review Transaction Type:
  
  Ensure that the transaction type you are using allows for the date you are trying to enter. Some transaction types may have specific date restrictions.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB29 (for fiscal year variant) or OB52 (for posting periods) to review and adjust settings.
  Documentation: Refer to SAP documentation or help files for more detailed information on managing fiscal years and posting periods.
  User Authorization: Ensure you have the necessary permissions to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the error and proceed with your transaction.