How To Fix FVD_CANCRES012 - Date of execution is outside of the rescission period

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CANCRES - Messages for Rescission / Withdrawal

• Message number: 012

• Message text: Date of execution is outside of the rescission period

What causes this issue?

The time period in which a rescission can be executed is defined in the
product profile. This time period has already elapsed. You can no longer
execute a rescission.

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?

Execute a withdrawal.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CANCRES012 - Date of execution is outside of the rescission period ?

  The SAP error message FVD_CANCRES012 indicates that the date of execution for a cancellation or a related operation falls outside of the defined rescission period. This typically occurs in the context of financial transactions, such as cancellations of payments, contracts, or other financial documents.
  Cause:
  
  Rescission Period: The rescission period is a defined timeframe during which a transaction can be canceled or modified. If the date of the transaction you are trying to cancel is beyond this period, the system will throw this error.
  Configuration Settings: The rescission period may be configured in the system settings, and it could be set too short for your business needs.
  Transaction Date: The date of the transaction you are trying to cancel is simply too old, and thus, it cannot be processed.
  
  Solution:
  
  Check the Transaction Date: Verify the date of the transaction you are trying to cancel. If it is indeed outside the rescission period, you will need to consider other options, such as manual adjustments or contacting support.
  Review Rescission Period Settings: If the rescission period is too short for your business processes, you may need to adjust the configuration settings in SAP. This typically requires access to the configuration settings in the SAP system (transaction codes like SPRO may be used).
  Consult Documentation: Review the relevant SAP documentation or help files to understand how the rescission period is defined and how it can be modified.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific configuration and business processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in reviewing or adjusting settings, such as SPRO (Customizing), FBL1N (Vendor Line Items), or FBL3N (G/L Account Line Items).
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to the configuration settings or to perform the cancellation.
  Documentation and Training: Consider training sessions or documentation reviews for users who frequently deal with cancellations to minimize the occurrence of this error in the future.
  
  By addressing the cause of the error and implementing the suggested solutions, you should be able to resolve the issue effectively.