How To Fix V1166 - Oldest of open items overdue

SAP Error Message - Details

• Message type: E = Error

• Message class: V1 - Verkaufsbelegbearbeitung

• Message number: 166

• Message text: Oldest of open items overdue

Results of credit limit check:

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

&V3&
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
| | | | | | | | | | |
| | | | | | | | | | ------> User exit 3
| | | | | | | | | --------> User exit 2
| | | | | | | | ----------> User exit 1
| | | | | | | ------------> max. dunning level
| | | | | | --------------> oldest open items
| | | | | ----------------> open items
| | | | ------------------> next check date
| | | --------------------> crit. fields
| | ----------------------> document value
| ------------------------> dyn. credit limit check
--------------------------> stat. credit limit check
' ' - check not active
'OK ' - check successful
'NOK' - check negative

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message V1166 - Oldest of open items overdue ?

  The SAP error message V1166, which states "Oldest of open items overdue," typically occurs in the context of accounts receivable or accounts payable when there are open items (invoices, payments, etc.) that have not been cleared or settled by their due date. This message is often encountered during the processing of billing documents, payment runs, or when trying to post transactions related to customer or vendor accounts.
  Cause:
  
  Overdue Open Items: The primary cause of this error is that there are open items in the system that have passed their due date and have not been cleared. This could be due to unpaid invoices, unprocessed payments, or other outstanding transactions.
  Payment Terms: The payment terms set for the customer or vendor may have led to the items becoming overdue.
  Document Status: The status of the documents may not allow for further processing until the overdue items are addressed.
  Configuration Issues: There may be configuration settings in the financial module that enforce strict rules regarding overdue items.
  
  Solution:
  
  Review Open Items: Check the customer or vendor account for any overdue open items. You can do this using transaction codes like FBL5N (for customers) or FBL1N (for vendors) to display open items.
  Clear Overdue Items: If possible, clear the overdue items by processing payments or adjusting the invoices. This may involve:
  
  Making payments for overdue invoices.
  Posting credit memos or adjustments if applicable.
  
  
  Adjust Payment Terms: If the payment terms are too strict, consider adjusting them to prevent future occurrences of overdue items.
  Consult with Finance Team: If you are unsure about how to handle the overdue items, consult with your finance or accounting team for guidance on the appropriate actions to take.
  System Configuration: If the issue persists, it may be necessary to review the system configuration settings related to open item management and overdue items. This may require assistance from an SAP consultant or system administrator.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL5N, FBL1N, FB03 (to display documents), and F-28 (to post incoming payments).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation on open item management and overdue items for a deeper understanding of how these processes work within the system.
  
  By addressing the overdue items and ensuring that all transactions are properly processed, you should be able to resolve the V1166 error and continue with your SAP operations.