How To Fix FVD_REPAY093 - The due date has been adjusted to start of the fixed period

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 093

• Message text: The due date has been adjusted to start of the fixed period

What causes this issue?

The due date of the payoff has been set to before the start of the
currently valid fixed interest period.

System Response

The system automatically adjusts the due date to the first day of the
fixed interest period.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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_REPAY093 - The due date has been adjusted to start of the fixed period ?

  The SAP error message FVD_REPAY093 indicates that the due date for a repayment has been adjusted to the start of the fixed period. This typically occurs in the context of financial transactions, particularly in the area of loan management or financial services within SAP.
  Cause:
  The error message is triggered when the system detects that the due date for a repayment does not align with the expected schedule based on the fixed period settings. This can happen due to various reasons, such as:
  
  Configuration Issues: The fixed period settings in the loan or financial product configuration may not be aligned with the repayment schedule.
  Manual Adjustments: If a user manually adjusts the repayment date, it may conflict with the system's rules regarding fixed periods.
  System Logic: The system may automatically adjust the due date based on predefined rules or settings that dictate how repayments should be structured.
  
  Solution:
  To resolve this issue, consider the following steps:
  
  
  Review Configuration: Check the configuration settings for the financial product or loan in question. Ensure that the fixed period settings are correctly defined and that they match the intended repayment schedule.
  
  
  Adjust Repayment Schedule: If the repayment date was manually adjusted, revert it to align with the fixed period settings. You may need to consult with your financial team to determine the correct dates.
  
  
  Consult Documentation: Refer to SAP documentation or help resources related to loan management and repayment schedules. This can provide insights into how the system calculates due dates and fixed periods.
  
  
  Check for Updates: Ensure that your SAP system is up to date with the latest patches and updates, as sometimes issues can arise from bugs that have been resolved in later versions.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They can provide more detailed insights based on your specific configuration and usage.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and repayment processing, such as FVD1 (Create Loan) or FVD2 (Change Loan).
  User Exits and BAdIs: If custom logic is implemented in your SAP system, check for any user exits or BAdIs that might affect repayment processing.
  Training and Documentation: Ensure that users involved in managing loans and repayments are adequately trained on the system's functionality and the implications of adjusting repayment dates.
  
  By following these steps, you should be able to address the error message and ensure that repayment schedules are correctly aligned with the fixed periods defined in your SAP system.