How To Fix FVD_INV_ACC062 - Planned record due date &1 is before start of term &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_INV_ACC - Message Class for Investor Contract

• Message number: 062

• Message text: Planned record due date &1 is before start of term &2

Self-Explanatory Message

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• What is the cause and solution for SAP error message FVD_INV_ACC062 - Planned record due date &1 is before start of term &2 ?

  The SAP error message FVD_INV_ACC062 indicates that there is a discrepancy between the planned record due date and the start of the term in the financial or invoicing process. Specifically, the error states that the planned record due date is set before the start of the term, which is not allowed in the system.
  Cause:
  
  Incorrect Date Configuration: The planned record due date has been set incorrectly in the system, possibly due to manual entry errors or incorrect configuration in the financial settings.
  Term Start Date Misalignment: The start date of the term (which could be a billing cycle, loan term, or any other financial term) is set later than the planned due date, leading to this conflict.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the date fields that were not properly aligned during the migration process.
  
  Solution:
  
  
  Check and Correct Dates:
  
  Review the planned record due date and ensure it is set to a date that is on or after the start of the term.
  Adjust the planned due date in the relevant transaction or configuration settings.
  
  
  
  Review Term Configuration:
  
  Verify the configuration of the term start date in the system. Ensure that it is set correctly according to the business requirements.
  If necessary, adjust the term start date to align with the planned due date.
  
  
  
  Data Validation:
  
  If the error arises from data migration, perform a thorough validation of the data to ensure that all date fields are correctly populated and aligned.
  Correct any discrepancies found during the validation process.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling date-related errors in the financial module.
  
  
  
  Contact 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: You may need to use transaction codes like FB60, F-28, or others related to invoicing and financial postings to check and modify the relevant records.
  Configuration Settings: Look into the configuration settings for financial terms and invoicing in the SAP system, which can usually be found in the SPRO (SAP Project Reference Object) transaction.
  User Exits and BAdIs: If custom logic is implemented in your SAP system, check for any user exits or BAdIs that might affect how dates are processed.
  
  By following these steps, you should be able to resolve the error and ensure that the planned record due date aligns correctly with the term start date.