How To Fix FTVV_MESSAGES892 - Start date of account statement is after the commitment date of loan

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 892

• Message text: Start date of account statement is after the commitment date of loan

What causes this issue?

The start date for the external account statement is after the
commitment date of the loan. If the commitment date is in this year it
may be better to use the commitment date as the start date. This would
not make sense for loans that are older.

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_MESSAGES892 - Start date of account statement is after the commitment date of loan ?

  The SAP error message FTVV_MESSAGES892 indicates that there is a mismatch between the start date of an account statement and the commitment date of a loan. This typically occurs in financial transactions where the dates involved do not align correctly, leading to inconsistencies in the data.
  Cause:
  
  Date Mismatch: The start date of the account statement is set to a date that is later than the commitment date of the loan. This means that the system is trying to process a statement for a period that has not yet started in relation to the loan's commitment.
  Incorrect Data Entry: There may have been an error in entering the dates for either the account statement or the loan commitment.
  Configuration Issues: There could be issues in the configuration of the financial module that governs how dates are handled for loans and account statements.
  
  Solution:
  
  Check Dates: Review the start date of the account statement and the commitment date of the loan. Ensure that the start date is not later than the commitment date.
  Adjust Dates: If the start date is incorrect, adjust it to a date that is on or before the commitment date of the loan.
  Data Validation: Implement validation checks in the data entry process to prevent future occurrences of this error. This could involve setting rules that automatically check date relationships before allowing transactions to be processed.
  Consult Documentation: Refer to SAP documentation or your organization's SAP support team for specific guidelines on handling date-related errors in financial transactions.
  Test Changes: After making adjustments, test the changes in a development or test environment to ensure that the issue is resolved before applying changes in the production environment.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system with fixes and improvements.
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in troubleshooting, such as FB03 (Display Document) or FBL1N (Vendor Line Item Display).
  User Roles: Ensure that users have the appropriate roles and permissions to make changes to financial data, as this can affect the ability to correct errors.
  Training: Consider providing training for users on how to correctly enter and manage financial data to minimize the risk of similar errors in the future.
  
  By following these steps, you should be able to resolve the error and prevent it from occurring again in the future.