How To Fix O1268 - Either a review or closing date is mandatory for regular evergreens.

SAP Error Message - Details

• Message type: E = Error

• Message class: O1 - IS-Oil : Message pool exchanges

• Message number: 268

• Message text: Either a review or closing date is mandatory for regular evergreens.

What causes this issue?

You have choosen the evergreen type: "regular". That evergreen type
requires either a review or a closing date in the exchange header. The
date is used as an end date for the quantity schedule in the contracts.

How to fix this error?

Enter one of those dates, or check if you are using the correct
evergreen type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message O1268 - Either a review or closing date is mandatory for regular evergreens. ?

  The SAP error message O1268, which states "Either a review or closing date is mandatory for regular evergreens," typically occurs in the context of managing contracts or agreements in SAP, particularly when dealing with evergreen contracts. Evergreen contracts are those that automatically renew after a certain period unless one party decides to terminate them.
  Cause:
  The error arises when you attempt to create or modify an evergreen contract without specifying either a review date or a closing date. SAP requires at least one of these dates to be defined to ensure that there is a mechanism for reviewing or terminating the contract at appropriate intervals.
  Solution:
  To resolve this error, you need to ensure that either a review date or a closing date is provided when creating or updating the evergreen contract. Here are the steps you can take:
  
  
  Access the Contract: Go to the transaction code where you are managing the contract (e.g., ME31K for creating contracts, ME32K for changing contracts).
  
  
  Check Dates: Look for fields labeled "Review Date" and "Closing Date" in the contract details.
  
  
  Enter Required Dates:
  
  If you want to set a review date, enter a date that indicates when the contract should be reviewed.
  If you prefer to set a closing date, enter a date that indicates when the contract should be closed or terminated.
  
  
  
  Save Changes: After entering the required date(s), save the changes to the contract.
  
  
  Validation: Ensure that the dates entered are valid and make sense in the context of the contract.
  
  
  Related Information:
  
  Evergreen Contracts: Understand the nature of evergreen contracts and their implications in your business processes. They often require periodic reviews to ensure that terms remain favorable.
  SAP Documentation: Refer to SAP Help documentation for more details on managing contracts and the specific fields required for evergreen contracts.
  User Roles and Permissions: Ensure that you have the necessary permissions to edit contract details in SAP.
  Consult with SAP Support: If the issue persists or if you have specific configurations that might be causing the error, consider reaching out to your SAP support team or consulting SAP notes for further assistance.
  
  By following these steps, you should be able to resolve the O1268 error and successfully manage your evergreen contracts in SAP.