How To Fix FVD_IOA189 - Key date is before term start date; no postings exist

FVD_IOA189 - Overview

• Message type: E = Error

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

• Message number: 189

• Message text: Key date is before term start date; no postings exist

What causes this issue?

The calculation start date is before the start date of the loan term.
There are no postings displayed for this loan yet.

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?

Do not execute an interest on arrears calculation for this loan.

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_IOA189 - Key date is before term start date; no postings exist ?

  The SAP error message FVD_IOA189 indicates that a key date you are trying to use for a transaction or report is before the start date of a term (or contract). This typically occurs in the context of financial transactions, such as those related to loans, leases, or other financial agreements where terms are defined with specific start and end dates.
  
  Cause:
  
  Key Date Issue: The key date you are using for your transaction is earlier than the start date of the financial term or contract. This means that there are no postings or transactions that can be processed for that key date because the term has not yet begun.
  Incorrect Date Entry: The date may have been entered incorrectly, either manually or through a system process.
  Data Configuration: There may be issues with how the terms or contracts are configured in the system, leading to discrepancies in the expected dates.
  
  
  Solution:
  
  Check Key Date: Verify the