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Message type: E = Error
Message class: RDPT - Messages for Redemption Schedules for Securities Class Data
Message number: 313
Message text: Validity date of the redemption schedule must be after the issue date
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RDPT313
- Validity date of the redemption schedule must be after the issue date ?The SAP error message RDPT313 indicates that there is an issue with the validity date of a redemption schedule in relation to the issue date of a financial instrument, such as a bond or a loan. This error typically arises in the context of managing financial products within SAP's Treasury and Risk Management module.
Cause:
The error occurs when the validity date of the redemption schedule is set to a date that is earlier than or the same as the issue date. In financial terms, the redemption schedule should logically start after the instrument has been issued, as it outlines when and how the principal amount will be repaid.
Solution:
To resolve this error, you should:
Check the Issue Date: Verify the issue date of the financial instrument. This date is critical as it marks the beginning of the instrument's lifecycle.
Review the Validity Date: Ensure that the validity date of the redemption schedule is set to a date that is after the issue date. You may need to adjust the dates accordingly.
Update the Redemption Schedule: If the validity date is incorrect, update it in the system to reflect a date that is after the issue date.
Save Changes: After making the necessary adjustments, save the changes and try to process the transaction again.
Related Information:
Transaction Codes: You may need to use specific transaction codes in SAP to access the relevant financial instrument or redemption schedule. Common transaction codes include:
Documentation: Refer to SAP documentation or help files for detailed instructions on managing redemption schedules and financial instruments.
Consult with SAP Support: If the issue persists after making the necessary adjustments, consider reaching out to your SAP support team or consulting the SAP community for further assistance.
By ensuring that the validity date is correctly set after the issue date, you should be able to resolve the RDPT313 error and proceed with your financial transactions in SAP.
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