How To Fix FVD_LOCAC101 - Condition cannot be created since the term has ended

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_LOCAC - Messages for Loan Core Account

• Message number: 101

• Message text: Condition cannot be created since the term has ended

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_LOCAC101 - Condition cannot be created since the term has ended ?

  The SAP error message FVD_LOCAC101 indicates that a condition cannot be created because the term has ended. This typically occurs in the context of financial transactions, particularly in the area of contract management or financial agreements where specific conditions or terms are defined.
  Cause:
  The error usually arises due to one of the following reasons:
  
  Expired Terms: The condition you are trying to create is based on a term or agreement that has already expired. This could be a contract, pricing condition, or any other financial term that has a defined validity period.
  Incorrect Dates: The start and end dates for the condition may not be set correctly, leading to the system recognizing that the term is no longer valid.
  Configuration Issues: There may be issues with the configuration of the condition types or the related master data that could lead to this error.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Validity Dates:
  
  Review the validity dates of the condition you are trying to create. Ensure that the start date is in the past or present and the end date is in the future.
  If the term has indeed expired, you may need to create a new condition with valid dates.
  
  
  
  Update or Extend Terms:
  
  If the term is still relevant, consider updating or extending the validity period of the existing condition or contract.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the condition types in the SAP system. Ensure that they are set up correctly and that there are no discrepancies in the master data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details related to the condition type you are working with. This can provide insights into any additional requirements or constraints.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as VK11 (Create Condition) or VK12 (Change Condition) to manage conditions effectively.
  SAP Notes: Look for SAP Notes related to this error message for any patches or updates that may address known issues.
  User Roles: Ensure that you have the necessary authorizations to create or modify conditions in the system.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.