How To Fix PREPAY035 - Repayment time exceeds maximum limit of &1 weeks.

SAP Error Message - Details

• Message type: E = Error

• Message class: PREPAY - Enter a contract

• Message number: 035

• Message text: Repayment time exceeds maximum limit of &1 weeks.

What causes this issue?

It is not possible to repay the debts in the maximum time limit using
the repayment time that has been calculated.
When the repayment time is saved, the entry will be locked, and can
only be released by authorized personnel.

System Response

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

How to fix this error?

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 PREPAY035 - Repayment time exceeds maximum limit of &1 weeks. ?

  The SAP error message PREPAY035 indicates that the repayment time for a prepayment exceeds the maximum limit set in the system. This typically occurs in the context of financial transactions involving prepayments, where the repayment period is defined by certain parameters.
  Cause:
  The error is triggered when the repayment period specified for a prepayment exceeds the maximum allowable limit defined in the system configuration. This limit is usually set to ensure that repayments are processed within a reasonable timeframe, which can be important for cash flow management and financial reporting.
  Solution:
  To resolve the PREPAY035 error, you can take the following steps:
  
  
  Check Configuration Settings:
  
  Review the configuration settings for prepayments in the SAP system. This can typically be found in the Financial Accounting (FI) module under the settings for prepayment processing.
  Look for the parameter that defines the maximum repayment period (in weeks) and adjust it if necessary. This may require authorization and should be done in consultation with your finance team.
  
  
  
  Adjust Repayment Time:
  
  If the repayment time specified in the transaction is indeed exceeding the maximum limit, you can modify the repayment time to fall within the acceptable range. This may involve changing the dates or the terms of the repayment.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files related to prepayment processing for additional insights on how to manage repayment terms and limits.
  
  
  
  User Training:
  
  Ensure that users involved in creating or managing prepayments are trained on the limits and requirements for repayment periods to prevent future occurrences of this error.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue through configuration changes or adjustments, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with prepayments and financial transactions, such as FB60 (Enter Incoming Invoice) or F-28 (Post Incoming Payments).
  Documentation: Review SAP Notes and Knowledge Base Articles related to prepayment processing for any updates or known issues.
  Testing: After making changes, conduct thorough testing to ensure that the adjustments do not negatively impact other financial processes.
  
  By following these steps, you should be able to address the PREPAY035 error effectively.