How To Fix FTVV_MESSAGES870 - Start date of account statement < than date of first entry

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 870

• Message text: Start date of account statement < than date of first entry

What causes this issue?

The start date for the external account statement is before the term
start date for the conditions.

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?

Enter the term start date for the conditions.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES870 - Start date of account statement < than date of first entry ?

  The SAP error message FTVV_MESSAGES870 indicates that there is an issue with the start date of an account statement being earlier than the date of the first entry in the account. This typically occurs in the context of financial transactions, where the system is trying to generate an account statement but finds that the specified start date is not valid based on the existing entries.
  Cause:
  
  Incorrect Start Date: The start date you have entered for the account statement is earlier than the date of the first transaction recorded in the account.
  Data Entry Error: There may have been a mistake in entering the start date, leading to it being set incorrectly.
  System Configuration: The account may not have any entries before the specified start date, which can happen if the account was recently created or if transactions were deleted.
  
  Solution:
  
  Check the Start Date: Verify the start date you are using for the account statement. Ensure that it is on or after the date of the first entry in the account.
  Review Account Entries: Look at the transaction history for the account to determine the date of the first entry. You can do this by checking the account balance or transaction logs.
  Adjust the Date: If the start date is indeed earlier than the first entry, adjust it to a valid date that is on or after the first transaction date.
  Consult Documentation: If you are unsure about the first entry date, consult your financial documentation or system logs to find the correct date.
  System Configuration: If the issue persists, check with your SAP administrator to ensure that the account is set up correctly and that there are no configuration issues.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), or FBL5N (Customer Line Item Display) to review account entries.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Permissions: Ensure that you have the necessary permissions to view and modify account statements in SAP.
  Training and Documentation: If you are new to SAP or financial processes, consider reviewing training materials or documentation related to account management and reporting.
  
  By following these steps, you should be able to resolve the error and generate the account statement successfully.