How To Fix FSTCP_FWTR016 - Transaction can only be created as a contract

SAP Error Message - Details

• Message type: E = Error

• Message class: FSTCP_FWTR - Message Class for Forward Securities Transaction

• Message number: 016

• Message text: Transaction can only be created as a contract

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FSTCP_FWTR016 - Transaction can only be created as a contract ?

  The SAP error message FSTCP_FWTR016 indicates that a transaction cannot be created because it must be established as a contract. This error typically arises in the context of financial transactions, particularly in the area of contract management or financial instruments.
  Cause:
  
  Transaction Type: The transaction you are trying to create is not recognized as a valid transaction type for the operation you are attempting. It may require a contract to be established first.
  Configuration Issues: There may be configuration settings in the SAP system that dictate how transactions are processed, and these settings may not allow for the creation of a transaction without a corresponding contract.
  Missing Data: Required data or parameters that define the transaction type may be missing or incorrectly set up.
  
  Solution:
  
  Create a Contract: Before creating the transaction, ensure that you have created the necessary contract in the system. This contract should contain all relevant details that the transaction will reference.
  Check Transaction Type: Verify that the transaction type you are trying to create is appropriate for the operation you are performing. If it is meant to be a contract, ensure you are following the correct process.
  Review Configuration: Consult with your SAP administrator or functional consultant to review the configuration settings related to contract management and transaction processing. They may need to adjust settings to allow for the creation of transactions without a contract if that is appropriate for your business process.
  Data Validation: Ensure that all required fields and data are filled out correctly when attempting to create the transaction. Missing or incorrect data can lead to errors.
  
  Related Information:
  
  SAP Documentation: Refer to the official SAP documentation for your specific version to understand the requirements for creating contracts and transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to contract management (e.g., ME31K for creating contracts).
  User Roles and Permissions: Ensure that your user role has the necessary permissions to create contracts and transactions. Sometimes, restrictions in user roles can lead to such errors.
  Support Forums: Check SAP community forums or support channels for similar issues and solutions shared by other users.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support for further assistance.