How To Fix FVD_MODEL037 - Key date must be before the currently valid end of term

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_MODEL - Model Calculation for Consumer Loan

• Message number: 037

• Message text: Key date must be before the currently valid end of term

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_MODEL037 - Key date must be before the currently valid end of term ?

  The SAP error message FVD_MODEL037 indicates that there is an issue with the key date you are trying to use in a transaction related to a financial contract or model. Specifically, the error states that the key date must be before the currently valid end of term. This typically occurs in the context of financial services, such as leasing or loan management, where contracts have defined start and end dates.
  
  Cause:
  The error is triggered when:
  
  You are attempting to perform an action (like changing terms, processing a payment, or updating contract details) using a key date that is either equal to or after the end date of the contract.
  The system is enforcing business rules that require any modifications or queries to be made within the valid term of the contract.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Key Date: Ensure that the key date you are using is indeed