How To Fix FVD_REPAY188 - The payoff posting date is before the posting date for the disbursement

FVD_REPAY188 - Overview

• Message type: E = Error

• Message class: FVD_REPAY - Messages for Payoff

• Message number: 188

• Message text: The payoff posting date is before the posting date for the disbursement

What causes this issue?

The posting date for the payoff is before the posting date for the
disbursement. If you were to post the payoff, a position outflow would
be posted to the relevant balance sheet account in the general ledger
before the position inflow is posted.

System Response

The posting is prevented.

How to fix this error?

Choose a posting date for the payoff that is after the posting date for
the disbursement.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_REPAY188 - The payoff posting date is before the posting date for the disbursement ?

  The SAP error message FVD_REPAY188 indicates that there is a mismatch between the payoff posting date and the posting date for the disbursement in a financial transaction. This typically occurs in the context of loan repayments or financial postings where the system expects the payoff date to be on or after the disbursement date.
  
  Cause:
  
  Date Mismatch: The payoff posting date you are trying to enter is earlier than the disbursement posting date. This is not allowed because it would imply that a repayment is being made before the loan was actually disbursed.
  Incorrect Data Entry: The user may have mistakenly entered the wrong dates during the transaction.
  System Configuration: There may be specific configurations or rules in the system that enforce this date relationship.
  
  
  Solution:
  
  Check Dates: Review the dates you are entering for the payoff and the disbursement. Ensure that the payoff posting date is equal to or later than the disbursement posting date.
  Correct