How To Fix T7199 - Value date for premature settlement must be earlier

T7199 - Overview

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 199

• Message text: Value date for premature settlement must be earlier

What causes this issue?

You have entered a value date that is greater or the same as that of
the transaction to be rolled over.

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?

Enter an earlier value date for premature processing.

Error message extract from SAP system. Copyright SAP SE.

T7199 - Details

• The SAP error message T7199, which states "Value date for premature settlement must be earlier," typically occurs in the context of financial transactions, particularly when dealing with premature settlements of financial instruments such as loans, leases, or other financial contracts.
  
  Cause:
  This error arises when the value date specified for the premature settlement is not earlier than the current date or the date of the transaction. In other words, the system expects the value date for the settlement to be a date in the past relative to the current date or the date of the transaction, but it has been set to a future date or the same date.
  
  Solution:
  To resolve this error, you should:
  
  
  Check the Value Date: Ensure that the value date you are entering for the premature settlement is indeed earlier than the current date or the transaction date. 
  
  
  Adjust the Date: If the value date is set incorrectly, modify it