How To Fix FSTCP_FWTR038 - There is a short position that is not permitted

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 038

• Message text: There is a short position that is not permitted

What causes this issue?

There is a short position for &v2&. If this date is before the position
value date of the current transaction, you can change the position value
date accordingly to avoid the short position.

System Response

The system cannot enter the transaction in its current state.

How to fix this error?

To prevent a negative position, at least &v1& need to be purchased.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FSTCP_FWTR038 - There is a short position that is not permitted ?

  The SAP error message FSTCP_FWTR038 indicates that there is a short position that is not permitted in the context of financial transactions, particularly in the area of treasury and risk management. This error typically arises when a transaction attempts to create or process a short position that violates the company's trading policies or regulatory requirements.
  Cause:
  
  Short Position Violation: The error usually occurs when a user tries to enter a transaction that results in a short position, which is not allowed based on the configuration or the rules set in the system.
  Configuration Settings: The system may be configured to disallow short positions for certain financial instruments or under specific conditions.
  Market Regulations: Regulatory requirements may prohibit short selling in certain markets or for specific securities.
  Incorrect Transaction Type: The transaction type being used may not support short positions.
  
  Solution:
  
  Review Transaction Details: Check the details of the transaction that triggered the error. Ensure that the transaction is intended to create a long position rather than a short position.
  Check Configuration: Review the configuration settings in the SAP system related to trading and risk management. Ensure that the settings align with the company's policies regarding short positions.
  Consult Trading Policies: Verify the company's trading policies to ensure that the transaction complies with internal and external regulations.
  Use Correct Transaction Type: If the transaction type is incorrect, select the appropriate transaction type that allows for the intended position.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional guidance on handling short positions.
  Documentation: Review the SAP documentation related to treasury and risk management for best practices and guidelines on managing positions.
  User Roles and Authorizations: Ensure that the user attempting the transaction has the necessary roles and authorizations to perform the action.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.