Error while attaching financial document (LC) in Sales Order

[Former Member]

Hello All

I am doing LC configuration . I have some how done all the config but when i assign Finance document in Sales Order i will get this error.

Financial documents: Check: Deadlines Check result: Not OK

Message no. EI574

Diagnosis

You assigned a financial document to the document or document item.
According to the settings in Customizing for financial documents, the system has checked whether the financial document can be used.

The result of the check was negative:

Check: Deadlines
Opening date 14.11.2012
First confirm. sched.line 13.11.2012
Check result: Not OK

System Response

The system issues a message.

Procedure

When you choose Extras -> Financial document -> Log in the billing document screen in the sales document (at header level or at item level), you can display the reason for the check's result.

I have assign payment guarentee procedure in customer master as well.

Although i have done all the relevant settings but dont know where i am making mistake. Kindly help me out.

[Former Member]

Hi Sd Unknown ,

Check the Opening Date in LC document in VX12N.

Change the first schedule line in the sales order. It should be greater than 14.11.2012 and check.

Regards

Vinu

[Former Member]

Thanks everyone . Now i am able to create Sales order without any error but once i do delivery same error occurs.

I want to ask one thing My LC value is 1000$ when i create Sales order with the amount of 200$ and save the document my LC value remains the same 1000$. why it does not decreases why it remains the same...

[Former Member]

Hi sd unknown ,

can you send the screen shot of the error you are getting during delivery?

R u able to create delivery document?

Vinu

[Former Member]

Hi Dear,

Did you Define and assinged the payment guarantee procedure to sales order.

please cehck the below settings

1. Define payment guarantee procedure OVE7

2. VA01/VA02 - GOTO - Header Data - Billing Tab - Payment Gurantee Procedure Filds

3. Also check Activate Documentary Payments per Item Category-  OVA7

Best Regards,

MH

[Former Member]

I am getting an impact on Sales order.

[Former Member]

Hello Everyone

After invoicing my LC values is not changing although its working fine when i create Sales Order but when i create Billing and then clear it my LC remains same without any change.

LC value is 5000

Sales order 3000

Now LC value is 2000

After billing and Collection same value is coming. Please suggest me where i do mistake or missed anything.

Best Regards

[Former Member]

HI Sd unknown,

As per your post LC value is 5000 and order value is 3000.Even after billing the the system will show the open value as 2000 as the consumed LC value is 3000.The purpose of LC is a guarantee of the Order value.So even after receiving the payment from customer the LC value will not update.

Behavior of the system is correct.

[Former Member]

Thanks Biswabhusan

Please verify "Behavior of the system is correct" do you have any document or link through which i verify because FI guy is asking that why LC is not updating after billing or Collection. I need to satisfy the FI team as well. If you have any document or link kindly provide .

Best Regards

SD

[Former Member]

Still waiting for clarification of "Behavior of the system is correct"

[jignesh_mehta3]

Hello,

What is the Error that you are getting at time of Delivery?

If it is the same that you got at time of creating Sales order, then just change the LC Opening date (in Dates/Delivery dates) in VX12N.

Thanks,

Jignesh Mehta

[Former Member]

I am not getting any error just want to confirm that

LC value 5000

SO Value 3000

LC value is 2000 now after Billing my LC value is same 2000 not become 5000 again . Mr.

Biswabhusan Said its correct and its a system behavior that LC value will not change after billing. need to verify whether it correct or not . Any document or link.

[Lakshmipathi]

Check the following note:-

• Note 802190 - Financial document check negative in error message EI 574

G. Lakshmipathi

[Former Member]

Thanks G. Lakshmipathi

After Sales order when i create invoice my Financial value remains the same.

My LC value is 5000

Sales Order is  3000

Now LC value become 2000 after sales order. Now i have invoiced the customer but my LC value remains the same 2000 although i have billed the customer . Why my LC value is not getting update after invoice

[Former Member]

Still waiting for valuable answers...

[Former Member]

This message was moderated.

[Shiva_Ram]

Might be a program error. Take a look at OSS Note 666269 - Incorrect date check for different letters of credit and if the SAP version you are working with mentioned in the note, then you may need to implement it.

Regards,

[former_member184701]

dear,

have you seen the Log ? the details must be there

regards,

[Former Member]

when i click on logs there was nothing. below is the image

Here is the image

[former_member184701]

did you go Extras -> Financial document -> Log ?

[Former Member]

Nops its grayed out

[former_member184701]

okay...

the problem i guess is that your delivery date is earlier than opening date.

you would try:

to change the delivery date to 14.11.2012

OR

to change the opening date to 13.11.2012

regards,

[Former Member]

Dear SD Unknow,

As advised other mates,

You have to change the Requested delivery date in sales order

1. Goto sales order VA02 - from over view screen change the requested delivery date and do the availability check your sales order terms should be match always with LC terms

a. Payment Terms ( LC and LC order payment terms should be match)

b. Inco terms (LC and LC order Inco terms should be match)

c. Latest shipment date (requested delivery date must be before this date)

d. Expiry date (After experiy date we cannot make delivery from the LC order)

2. In real & in production client, You cannot change the Opening date of LC it must be get amended from bank.

Please check the above and revert back if the issue not solved

Best Regards,

MH