How To Fix FVER023 - Key date is outside exercise period &1 - &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FVER - Message Class for Executable Security Rights

• Message number: 023

• Message text: Key date is outside exercise period &1 - &2

What causes this issue?

The key day is outside the exercise period &V1& - &V2&.

System Response

The right cannot be exercised.

How to fix this error?

Check the exercise period in the class data and the key date of the
exercise.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVER023 - Key date is outside exercise period &1 - &2 ?

  The SAP error message FVER023 indicates that a key date you are trying to use is outside the defined exercise period for a financial transaction or operation. This typically occurs in the context of financial accounting, particularly when dealing with exercises related to financial instruments, loans, or other time-sensitive transactions.
  Cause:
  The error occurs when:
  
  The key date you are entering falls outside the range of the defined exercise period (from &1 to &2).
  The exercise period is not correctly set up in the system.
  There may be a misunderstanding of the valid dates for the transaction you are trying to process.
  
  Solution:
  To resolve the FVER023 error, you can take the following steps:
  
  
  Check the Key Date: Ensure that the key date you are using is within the defined exercise period. The exercise period is usually defined in the configuration settings for the relevant financial transaction.
  
  
  Review Exercise Period Settings:
  
  Navigate to the configuration settings for the financial instrument or transaction type you are working with.
  Check the defined exercise period and ensure it is set correctly. You may need to adjust the start and end dates to include the key date you are trying to use.
  
  
  
  Adjust the Key Date: If the key date is indeed outside the exercise period, consider using a different date that falls within the valid range.
  
  
  Consult Documentation: Review the SAP documentation or help files related to the specific transaction or financial instrument to understand the requirements for key dates and exercise periods.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes like FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), or others related to financial transactions.
  Configuration Path: The configuration for exercise periods can typically be found under the Financial Accounting (FI) module in the SAP IMG (Implementation Guide).
  Testing: After making changes, test the transaction again to ensure that the error is resolved.
  
  By following these steps, you should be able to address the FVER023 error and proceed with your financial transactions in SAP.