How To Fix FVD_REPAY094 - The due date has been adjusted to the end of the fixed interest period

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 094

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

What causes this issue?

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

System Response

The system automatically adjusts the due date to the end 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_REPAY094 - The due date has been adjusted to the end of the fixed interest period ?

  The SAP error message FVD_REPAY094 indicates that the due date for a repayment has been adjusted to the end of the fixed interest period. This typically occurs in the context of financial transactions involving loans or fixed-term investments where the interest period is defined.
  Cause:
  
  
  Fixed Interest Period: The error arises when the system detects that the repayment date does not align with the end of the fixed interest period. This can happen if:
  
  The repayment date was manually set to a date that falls within the fixed interest period.
  The system automatically adjusts the repayment date based on the terms of the loan or investment.
  
  
  
  Configuration Issues: There may be configuration settings in the loan or investment product that dictate how due dates are calculated, which could lead to this adjustment.
  
  
  Data Entry Errors: Incorrect data entry during the creation or modification of the loan or investment could lead to mismatched dates.
  
  
  Solution:
  
  
  Review Repayment Schedule: Check the repayment schedule and ensure that the due date aligns with the end of the fixed interest period. If necessary, adjust the repayment date to match the expected due date.
  
  
  Check Loan/Investment Terms: Review the terms of the loan or investment to understand the fixed interest period and ensure that the repayment dates are set accordingly.
  
  
  Configuration Review: If the issue persists, consult with your SAP configuration team to review the settings related to loan and investment products. Ensure that the configuration aligns with the business requirements.
  
  
  Data Correction: If the error is due to incorrect data entry, correct the relevant entries in the system to ensure that the repayment date is valid.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error message, as it may provide additional context or steps tailored to your version of SAP.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide updates and patches.
  Transaction Codes: Familiarize yourself with transaction codes related to loan management (e.g., FVD1, FVD2) to navigate and manage loan data effectively.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to resolve the error message FVD_REPAY094 and ensure that your repayment schedules are correctly aligned with the fixed interest periods.