How To Fix FVD_REPAY015 - Due date is not the last day of the month

FVD_REPAY015 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 015

• Message text: Due date is not the last day of the month

What causes this issue?

Although the payoff due date is not the last day of the month, the
month-end indicator is set.

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?

Remove the month-end indicator.

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_REPAY015 - Due date is not the last day of the month ?

  The SAP error message FVD_REPAY015 indicates that the due date you are trying to set for a repayment is not the last day of the month. This error typically occurs in the context of financial transactions, particularly in the area of loan repayments or similar financial instruments where the due date is expected to align with the end of the month.
  
  Cause:
  
  Business Rules: The system may have specific business rules that require repayment due dates to be set to the last day of the month. This is common in financial applications where monthly payments are expected to align with the end of the billing cycle.
  Configuration Settings: The configuration settings in the SAP system may enforce this rule, meaning that any due date that does not fall on the last day of the month will trigger this error.
  
  
  Solution:
  
  Change the Due Date: The simplest solution is to change the due date to the