How To Fix FVD_DEFCAP042 - There are no overdue items to be cleared on the key date

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 042

• Message text: There are no overdue items to be cleared on the key date

What causes this issue?

There are no overdue items to be cleared at the key date. All
receivables lie in the future and have not yet been posted (debit
positions have not yet been created).

System Response

The system outputs an error message, which prevents you from posting
items.,,,,,,,,,,

How to fix this error?

You have to create a debit position in order to post the future
receivables and related clearing, as well as the charges. The business
operation acquires the status "posted" if a debit position was created
for at least one flow on the key date (for example, the charge).

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_DEFCAP042 - There are no overdue items to be cleared on the key date ?

  The SAP error message FVD_DEFCAP042 indicates that there are no overdue items available for clearing on the specified key date. This error typically occurs in the context of financial transactions, particularly in the area of accounts receivable or accounts payable, where clearing of overdue items is expected.
  Cause:
  
  No Overdue Items: The primary cause of this error is that there are no items that are overdue as of the key date you specified. This could mean that all items are either paid, not yet due, or cleared.
  Incorrect Key Date: The key date you are using may not correspond to any overdue items. If the date is set incorrectly, it may not reflect the actual overdue status of items.
  Selection Criteria: The selection criteria used in the clearing process may be too restrictive, leading to no items being selected for clearing.
  Data Entry Errors: There may be errors in the data entry or configuration that prevent overdue items from being recognized.
  
  Solution:
  
  Check Overdue Items: Verify if there are indeed any overdue items in the system. You can do this by running reports or checking the relevant accounts to see if there are items that should be overdue.
  Adjust Key Date: Ensure that the key date you are using is correct and reflects the date you want to check for overdue items. You may want to use a date that is earlier than the current date to capture any overdue items.
  Review Selection Criteria: Check the selection criteria used in the clearing process. Make sure that it is set up to include all relevant items and is not filtering out items incorrectly.
  Data Validation: Validate the data in the system to ensure that all transactions are recorded correctly and that there are no discrepancies that could affect the overdue status.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the clearing process and how to handle overdue items.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F-03 (Clear G/L Account), F-32 (Clear Customer), or F-44 (Clear Vendor) that may be used in the clearing process.
  SAP Notes: Check for any SAP Notes related to this error message for additional troubleshooting steps or patches that may address the issue.
  User Roles and Permissions: Ensure that you have the necessary permissions to view and clear overdue items in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules to further investigate the problem.