How To Fix FVD_CLI_CLOAN124 - Date of event (&1) is before commitment date (&2)

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CLI_CLOAN - Credit Life Insurance for Consumer Loan

• Message number: 124

• Message text: Date of event (&1) is before commitment date (&2)

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CLI_CLOAN124 - Date of event (&1) is before commitment date (&2) ?

  The SAP error message FVD_CLI_CLOAN124 indicates that there is a date inconsistency in a financial transaction, specifically related to a loan or credit event. The error message states that the date of the event (represented as &1) is before the commitment date (represented as &2). This typically occurs in the context of financial transactions where the event date should logically follow the commitment date.
  Cause:
  
  Date Entry Error: The event date has been entered incorrectly, possibly due to a manual input error.
  System Configuration: There may be a configuration issue in the system that does not properly validate the dates.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the date formats or values.
  Business Logic Violation: The business rules defined in the system may require that events cannot occur before a commitment is made.
  
  Solution:
  
  Check Dates: Review the event date and the commitment date to ensure they are entered correctly. The event date should be on or after the commitment date.
  Correct Input: If the event date is incorrect, update it to a valid date that is on or after the commitment date.
  Review Configuration: If the issue persists, check the configuration settings in the SAP system to ensure that date validations are correctly set up.
  Consult Documentation: Refer to the SAP documentation or help resources for specific guidelines on handling date-related errors in financial transactions.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes related to loan management, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that the user has the appropriate permissions to make changes to the loan or credit events.
  Testing: After making corrections, test the transaction again to ensure that the error does not reoccur.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.