How To Fix FVD_DEFCAP061 - Key date must not be before the repayment start &1

FVD_DEFCAP061 - Overview

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 061

• Message text: Key date must not be before the repayment start &1

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

FVD_DEFCAP061 - Details

• The SAP error message FVD_DEFCAP061 indicates that the key date you are trying to use is earlier than the repayment start date for a financial transaction or contract. This error typically occurs in the context of financial services, particularly in loan management or investment products where repayment schedules are defined.
  
  Cause:
  The error arises when:
  
  You are attempting to perform an action (like processing a payment, generating a report, or executing a transaction) with a key date that is set before the defined repayment start date of the contract or loan.
  The system requires that any operations related to repayments or financial calculations must occur on or after the repayment start date.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Key Date: Ensure that the key date you are using is correct and is set to a date that is on or after the repayment start date.
  
  
  Review the Repayment Start Date: Verify