How To Fix FVD_DISB108 - Month-end indicator is not set and payment date is last day of the month

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_DISB - Messages for Disbursement

• Message number: 108

• Message text: Month-end indicator is not set and payment date is last day of the month

What causes this issue?

The payment date or due date you have entered is the last day in the
month. However you have not set the month-end indicator for the
disbursement.

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?

You need to have set the month-end indicator if the payment is to be
made on the last day in the month.

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_DISB108 - Month-end indicator is not set and payment date is last day of the month ?

  The SAP error message FVD_DISB108 indicates that there is an issue with the month-end indicator not being set when the payment date falls on the last day of the month. This error typically arises in the context of financial transactions, particularly in the area of disbursements or payments.
  Cause:
  The error occurs because the system expects a month-end indicator to be set for transactions that are scheduled to be processed on the last day of the month. This is important for proper financial reporting and accounting, as it helps in closing the financial books for that month. If the month-end indicator is not set, the system cannot process the transaction correctly, leading to this error.
  Solution:
  To resolve the FVD_DISB108 error, you can take the following steps:
  
  
  Check the Payment Date: Ensure that the payment date is indeed set to the last day of the month. If it is not, adjust the payment date accordingly.
  
  
  Set the Month-End Indicator:
  
  Navigate to the relevant configuration settings in SAP.
  Look for the settings related to month-end processing or disbursement processing.
  Ensure that the month-end indicator is activated for the relevant transaction types or payment methods.
  
  
  
  Review Transaction Data: Check the transaction data for any inconsistencies or missing information that might prevent the month-end indicator from being set.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to set the month-end indicator for your version of SAP.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in troubleshooting, such as FB50 for general ledger postings or F110 for automatic payment transactions.
  Configuration Settings: Review the configuration settings in the Financial Accounting (FI) module, particularly those related to payment processing and month-end closing.
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to the payment settings and month-end indicators.
  
  By following these steps, you should be able to resolve the FVD_DISB108 error and ensure that your payment transactions are processed correctly.