How To Fix RDPT152 - Date of first repayment must be after issue date (&1)

SAP Error Message - Details

• Message type: E = Error

• Message class: RDPT - Messages for Redemption Schedules for Securities Class Data

• Message number: 152

• Message text: Date of first repayment must be after issue date (&1)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RDPT152 - Date of first repayment must be after issue date (&1) ?

  The SAP error message RDPT152 indicates that there is an issue with the repayment schedule of a financial instrument, specifically that the date of the first repayment must be after the issue date. This error typically arises in the context of loan management, bond issuance, or similar financial transactions within the SAP system.
  
  Cause:
  The error occurs when the date set for the first repayment (the date when the borrower is expected to make the first payment) is earlier than or the same as the issue date (the date when the financial instrument is issued). This is logically incorrect because a repayment cannot occur before or on the same day as the issuance of the loan or bond.
  
  Solution:
  To resolve this error, you need to ensure that the date of the first repayment is set correctly. Here are the steps you can take:
  
  
  Check the Issue Date: Verify the issue date of the financial