How To Fix FVD_FACILITIES162 - Term end should not be less than earliest start date of drawdowns

FVD_FACILITIES162 - Overview

• Message type: E = Error

• Message class: FVD_FACILITIES - Message class for facilities

• Message number: 162

• Message text: Term end should not be less than earliest start date of drawdowns

What causes this issue?

Term end of the facility should be greater than the earliest start date
of the drawdowns under the facility.

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_FACILITIES162 - Term end should not be less than earliest start date of drawdowns ?

  The SAP error message FVD_FACILITIES162 indicates that there is a conflict between the term end date of a facility and the earliest start date of the associated drawdowns. This typically occurs in the context of financial transactions involving loans or credit facilities where the terms of the facility must align with the drawdown dates.
  
  Cause:
  The error arises when:
  
  The term end date of the facility is set to a date that is earlier than the earliest start date of any drawdowns associated with that facility.
  This can happen due to incorrect data entry, changes in the facility terms, or misalignment of dates during the setup of the facility or drawdowns.
  
  
  Solution:
  To resolve this error, you should:
  
  
  Check the Facility Configuration:
  
  Navigate to the facility in question and review the term end date.
  Ensure that the term end date is set to a date that is equal to or later than the earliest start date of the drawdowns.
  
  
  
  Review