How To Fix FVD_CANCRES013 - Rescission period has not yet expired; execute a rescission

FVD_CANCRES013 - Overview

• Message type: E = Error

• Message class: FVD_CANCRES - Messages for Rescission / Withdrawal

• Message number: 013

• Message text: Rescission period has not yet expired; execute a rescission

What causes this issue?

The time frame in which a rescission can be executed is defined in the
product profile. This time frame as not yet elapsed. You can not yet
execute a withdrawal.

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 rescission.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FVD_CANCRES013 - Details

• The SAP error message FVD_CANCRES013 indicates that a rescission (cancellation) operation cannot be performed because the rescission period has not yet expired. This typically occurs in the context of financial transactions, such as loan agreements or contracts, where there is a defined period during which a rescission can be executed.
  
  Cause:
  
  Rescission Period: The rescission period is a predefined timeframe during which a transaction can be canceled or rescinded. If you attempt to execute a rescission before this period has expired, SAP will generate this error message.
  Configuration Settings: The settings in the system regarding the rescission period may not align with the current transaction's status or timing.
  Transaction Status: The transaction you are trying to rescind may not be in a state that allows for rescission, or it may have already been processed in a way that prevents further changes.
  
  
  Solution:
  
  Wait for Expiration: If the rescission period has not yet expired, you will need