How To Fix FVD_IOA072 - Due date (&1) is not a working day

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_IOA - (New) Interest on Arrears Calculation for Loans

• Message number: 072

• Message text: Due date (&1) is not a working day

What causes this issue?

If the due date does not fall on a working day, you cannot ensure that
the payment will be made on time.

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?

Choose a due date that is a working day.

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_IOA072 - Due date (&1) is not a working day ?

  The SAP error message FVD_IOA072 indicates that a specified due date is not a working day. This error typically arises in financial transactions, such as payment processing or invoice management, where due dates must fall on business days.
  Cause:
  
  Non-Working Day: The due date specified falls on a weekend or a public holiday, which is not considered a working day in the system.
  Calendar Settings: The system's calendar settings may not align with the actual working days of the organization, leading to discrepancies.
  Configuration Issues: There may be issues with the configuration of the factory calendar or holiday calendar in the SAP system.
  
  Solution:
  
  Change Due Date: Adjust the due date to a valid working day. This can be done by selecting a new date that falls on a weekday and is not a public holiday.
  Check Calendar Settings: Review the factory calendar and holiday calendar settings in the SAP system to ensure they are correctly configured. You can do this by:
  
  Navigating to Transaction Code: SCAL (for calendar settings).
  Checking the settings for the relevant company code or plant.
  
  
  Use the "Next Working Day" Functionality: If your SAP system has a function to automatically adjust dates to the next working day, use that feature to set the due date.
  Consult with SAP Basis or Configuration Team: If the issue persists, consult with your SAP Basis or configuration team to ensure that the calendars are set up correctly and that there are no underlying issues.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes like SCAL (for calendar maintenance) and OBB8 (for defining holiday calendars).
  Documentation: Refer to SAP documentation or help files for more details on managing calendars and working days.
  User Exits or BAdIs: If your organization has specific requirements, consider implementing user exits or BAdIs to customize how due dates are handled in relation to working days.
  
  By addressing the cause of the error and implementing the suggested solutions, you should be able to resolve the FVD_IOA072 error effectively.