Symptom
You enter a lease installment in the Conditions tab of a lease contract. When pressing Check or Save an error message appears: "Object Item : 1 Condition : Lease Installment - DDMMYYYY invalid condition term; must meet recurrence criteria"
Environment
SAP Business ByDesign
Reproducing the Issue
- In the Lease Contract Management work center go to the Lease Contract view.
- Find an existing or create a new lease contract.
- Maintain all the mandatory data in the General tab.
- Then, in the Lease Objects tab navigate to the Conditions tab.
- After entering a lease installment condition the error Object Item : 1 Condition : Lease Installment - DDMMYYYY invalid condition term; must meet recurrence criteria appears.
Cause
The installment does not cover full periods:
- The installment might end in the middle of the month when the lease contract ends on the last day of a month.
- Or the installment ends at the end of a month when the lease contract starts and ends in the middle of a months.
Resolution
All installments must cover full months:
- If a lease contract starts on the first day of a month it must end on the last day of the last contract's period.
- If the lease contract starts in the middle of a month it must end in the middle of the month.
- In accordance with the lease contract start and end date, the installment periods must start and end in the same way:
Example:
Lease contract ABC (ABC represents a lease contract ID)
- starts on 07.02.2024
- has a lease term of 24 month and therefore ends on 06.02.2026.
Accordingly, create lease installments that start on 7th of a month and end on the 6th of a month:
Lease Installment 1: valid from 07.02.2024, valid to 06.08.2024
Lease installment 2: valid from 07.08.2024, valid to 06.02.2026.
Keywords
invalid condition term, must meet recurrence criteria , KBA , AP-ACC-LM , Accounting Lease Management , Problem