How To Fix FVD_CAPTR091 - New term end for loan &1 is before the end of the fixed period

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CAPTR - Messages for the Capital Transfer

• Message number: 091

• Message text: New term end for loan &1 is before the end of the fixed period

What causes this issue?

The maturity term has been shortened for the source loan. The new term
end should be saved.
However this results in a term end date that is before the end of the
fixed condition period.

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?

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_CAPTR091 - New term end for loan &1 is before the end of the fixed period ?

  The SAP error message FVD_CAPTR091 indicates that there is an issue with the term end date for a loan. Specifically, it means that the new term end date you are trying to set for the loan (denoted as &1) is earlier than the end date of the fixed period that has already been established for that loan. This situation typically arises in the context of loan management within the SAP Financial Services module.
  Cause:
  
  Incorrect Date Entry: The new term end date has been entered incorrectly, possibly due to a typographical error or misunderstanding of the loan's terms.
  Fixed Period Constraints: The loan has a defined fixed period, and any changes to the term end date must respect this period. Attempting to set a new end date that falls before the current fixed period's end date violates this constraint.
  System Configuration: There may be specific configurations or rules set up in the system that enforce these constraints, which could lead to this error if not adhered to.
  
  Solution:
  
  Verify Dates: Check the current term end date and the fixed period end date for the loan. Ensure that the new term end date you are trying to set is after the end of the fixed period.
  Adjust New Term End Date: If the new term end date is indeed before the fixed period's end date, adjust it to a date that is equal to or later than the fixed period's end date.
  Consult Documentation: Review the loan agreement and any related documentation to ensure that you are complying with the terms and conditions set forth.
  System Configuration Review: If you believe the error is due to system configuration, consult with your SAP administrator or technical team to review the settings related to loan management and fixed periods.
  
  Related Information:
  
  Loan Management in SAP: Understanding how loans are managed within SAP, including fixed periods, term end dates, and related financial transactions, can help in troubleshooting similar issues.
  SAP Notes and Documentation: Check SAP Notes for any known issues or updates related to loan management and error messages. SAP's official documentation can also provide insights into how to handle loan term adjustments.
  User Training: Ensure that users involved in loan management are adequately trained on the system's requirements and constraints to minimize the occurrence of such errors.
  
  By following these steps, you should be able to resolve the error and successfully update the loan's term end date.