How To Fix FVD_REPAY115 - The payoff payment date is in a posted or fixed period

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 115

• Message text: The payoff payment date is in a posted or fixed period

What causes this issue?

The payment date of the payoff falls on a date when posted or fixed
flows exist. This does not affect the model of the capital amounts but
it is certainly an unusual combination.

System Response

If the due date of the payoff also meets this criterion the system
outputs a warning message.

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_REPAY115 - The payoff payment date is in a posted or fixed period ?

  The SAP error message FVD_REPAY115 indicates that the payoff payment date you are trying to enter falls within a period that has already been posted or is fixed. This typically occurs in financial transactions where the system restricts changes to periods that have already been closed for posting.
  Cause:
  
  Posted Period: The date you are trying to use for the payoff payment is in a financial period that has already been closed. In SAP, once a period is closed, no further postings can be made to that period.
  Fixed Period: The period may be set as a fixed period in the configuration, meaning that it cannot be altered or posted to.
  
  Solution:
  To resolve this error, you can consider the following steps:
  
  
  Check the Payment Date: Verify the payoff payment date you are trying to enter. Ensure that it is set to a date in an open posting period.
  
  
  Open the Period: If the date must remain as is, you may need to open the closed period. This typically requires authorization and should be done with caution, as it can affect financial reporting. Consult with your finance team or SAP administrator to see if this is a viable option.
  
  
  Change the Payment Date: If possible, change the payoff payment date to a date that falls within an open period. This is often the simplest solution.
  
  
  Review Configuration: Check the configuration settings in SAP to see if there are any restrictions on the periods that can be posted to. This may involve reviewing the fiscal year variant and the period control settings.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for more detailed guidance on handling period-related errors.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 to manage posting periods or FBL1N for vendor line items to check the status of the periods.
  Authorization: Ensure you have the necessary permissions to make changes to periods or to view the configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  If the issue persists after trying these solutions, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financials for further assistance.