How To Fix FTVV_MESSAGES898 - Start of period may be changed if account statement already exists

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 898

• Message text: Start of period may be changed if account statement already exists

What causes this issue?

If an account statement has already been created for this loan, the
system may change the start of the period for the external account
statement. This guarantees that all of the loan flows are included in
the display.

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_MESSAGES898 - Start of period may be changed if account statement already exists ?

  The SAP error message FTVV_MESSAGES898 indicates that there is an issue with changing the start date of a period for an account statement when an account statement already exists for that period. This typically occurs in the context of financial accounting or treasury management within SAP, where account statements are used to reconcile transactions.
  
  Cause:
  The error arises when you attempt to modify the start date of a period in a financial transaction or account statement, but there are already existing records or transactions that reference that period. This can happen in scenarios such as:
  
  Attempting to change the start date of a financial period that has already been closed or has transactions posted to it.
  Modifying settings in the configuration that affect periods that have already been utilized for account statements.
  
  
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check Existing Account Statements: Review the account statements that have already been created for the period