How To Fix FVD_LOCAC036 - Date (annual basic charge) is not between term start and term end date

FVD_LOCAC036 - Overview

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 036

• Message text: Date (annual basic charge) is not between term start and term end date

Self-Explanatory Message

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FVD_LOCAC036 - Details

• The SAP error message FVD_LOCAC036 indicates that there is an issue with the date of an annual basic charge in relation to the term start and term end dates in a financial or contract management context. This error typically arises in the context of contract accounts or billing processes where the dates must align correctly for the system to process the charges.
  
  Cause:
  The error occurs when the date specified for the annual basic charge does not fall within the defined term start and term end dates of the contract or account. This can happen due to:
  
  Incorrect Date Entry: The date for the annual basic charge may have been entered incorrectly.
  Contract Term Mismatch: The term start and end dates of the contract may not be set correctly, leading to a mismatch with the charge date.
  Changes in Contract Terms: If the contract terms were modified after the annual basic charge was set, it