How To Fix FVD_REPAY027 - Due date of the payoff is before the start of the contract

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 027

• Message text: Due date of the payoff is before the start of the contract

What causes this issue?

The <ZK>Fixed from</> date is after the due date for the payoff.

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?

Fix a new due date for the payoff.

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_REPAY027 - Due date of the payoff is before the start of the contract ?

  The SAP error message FVD_REPAY027 indicates that there is an issue with the due date of a payoff being set before the start date of the contract. This typically occurs in the context of financial transactions, such as loan repayments or contract settlements, where the system expects the payoff date to be on or after the contract's start date.
  
  Cause:
  
  Incorrect Date Entry: The due date for the payoff was entered incorrectly, possibly by the user, leading to a situation where it precedes the contract's start date.
  Contract Configuration: The contract may have been configured with an incorrect start date or the payoff terms may not align with the contract's timeline.
  Data Migration Issues: If data was migrated from another system, there may have been inconsistencies or errors in the date fields.
  
  
  Solution:
  
  Check Dates: Review the contract details to confirm the start date and the due date of the payoff. Ensure that the due date