How To Fix T4120 - Payment date for deferral must be between rollover date and EndTerm

T4120 - Overview

• Message type: E = Error

• Message class: T4 - Time deposit processing

• Message number: 120

• Message text: Payment date for deferral must be between rollover date and EndTerm

What causes this issue?

The payment date for deferred interest must lie between the rollover
date &V1& exclusively and the end of the term &V2&
inclusively.

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?

Error message extract from SAP system. Copyright SAP SE.

T4120 - Details

• The SAP error message T4120, which states "Payment date for deferral must be between rollover date and EndTerm," typically occurs in the context of financial transactions involving deferrals, such as in the case of loan agreements, lease agreements, or other financial instruments that involve payment schedules.
  
  Cause:
  This error arises when the payment date for a deferral is set outside the acceptable range defined by the rollover date and the end term of the financial agreement. Specifically, the payment date must fall between:
  
  Rollover Date: The date when the deferral is rolled over or renewed.
  End Term: The final date of the financial agreement or the last date on which payments are expected to be made.
  
  If the payment date is set before the rollover date or after the end term, SAP will trigger this error to prevent inconsistencies in the financial records.
  
  Solution:
  To resolve this error, you should take the following steps:
  
  
  Check Payment Date: Verify