How To Fix FVD_LOCAC077 - Effective from date does not match period start date

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 077

• Message text: Effective from date does not match period start date

What causes this issue?

The effective from date you entered for the condition does not match the
period start. The system uses the next period start for the validity
date.

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?

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_LOCAC077 - Effective from date does not match period start date ?

  The SAP error message FVD_LOCAC077 indicates that there is a mismatch between the "Effective from date" and the "Period start date" in a financial transaction or configuration. This error typically occurs in the context of financial document processing, particularly in the area of financial services or loan management.
  Cause:
  The error arises when the system expects the "Effective from date" of a financial transaction (like a loan or a contract) to align with the start date of the relevant accounting period. If these dates do not match, the system cannot process the transaction, leading to the error message.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Dates: Verify the "Effective from date" and the "Period start date" in the transaction or configuration. Ensure that they match or that the "Effective from date" falls within the accounting period defined by the "Period start date."
  
  
  Adjust Dates: If the dates do not match, you may need to adjust the "Effective from date" in the transaction to align with the "Period start date." This may involve editing the transaction or configuration settings.
  
  
  Review Configuration: If this error occurs frequently, review the configuration settings in your SAP system to ensure that the date settings are correctly defined for the relevant financial processes.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling date-related errors in your version of SAP.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may be involved in the process, such as those for managing financial documents or loan contracts.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles: Ensure that the user roles and authorizations are correctly set up, as insufficient permissions can sometimes lead to unexpected errors.
  
  By following these steps, you should be able to identify and correct the cause of the FVD_LOCAC077 error in your SAP system.