How To Fix FZ081 - Value date determination not possible; see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 081

• Message text: Value date determination not possible; see long text

What causes this issue?

No reference date was specified for bank &V2& and account &V3& in
transaction &V4&, company code &V1&.

System Response

The program terminates.

How to fix this error?

Maintain the relevant reference date (company code &V1&, house bank
&V2&, house bank account &V3&, transaction &V4&).
<DS:TRAN.OBBA>Proceed</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ081 - Value date determination not possible; see long text ?

  The SAP error message FZ081 ("Value date determination not possible; see long text") typically occurs in the context of financial transactions, particularly when dealing with payment processing, bank transactions, or other financial postings. This error indicates that the system is unable to determine a valid value date for the transaction being processed.
  Causes:
  
  
  Missing Configuration: The value date determination may not be properly configured in the system. This can include missing settings in the payment terms, bank master data, or other related configurations.
  
  
  Invalid Date Settings: The system may be unable to calculate a value date due to invalid or inconsistent date settings in the transaction or master data.
  
  
  Bank Holidays: If the value date falls on a bank holiday or a non-business day, the system may not be able to determine a valid value date.
  
  
  Currency Issues: If the transaction involves multiple currencies, there may be issues with currency conversion or exchange rates that affect the value date determination.
  
  
  Transaction Type: Certain transaction types may have specific rules or requirements for value date determination that are not being met.
  
  
  Solutions:
  
  
  Check Configuration: Review the configuration settings related to value date determination in the SAP system. This includes checking payment terms, bank master data, and any relevant customizing settings.
  
  
  Review Transaction Data: Ensure that all necessary fields in the transaction are filled out correctly, including dates, amounts, and any other relevant information.
  
  
  Check for Bank Holidays: Verify if the value date falls on a bank holiday or non-business day. If so, adjust the transaction date accordingly.
  
  
  Currency Settings: If the transaction involves multiple currencies, ensure that the currency settings and exchange rates are correctly configured.
  
  
  Consult Long Text: The error message suggests checking the long text for more specific information. This can provide additional context or details about why the value date determination failed.
  
  
  SAP Notes: Check for any relevant SAP Notes or updates that may address known issues related to value date determination.
  
  
  Testing: If changes are made to the configuration or transaction data, perform tests to ensure that the value date can now be determined correctly.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F110 (Automatic Payment Transactions) or FB60 (Enter Incoming Invoices) where this error might occur.
  Documentation: Refer to SAP documentation or help files for detailed information on value date determination and related configuration settings.
  Support: If the issue persists, consider reaching out to SAP support or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the FZ081 error and implement a solution to resolve it.