How To Fix FSTCP_FWTR059 - For the position update, an update type must be assigned to open flow

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 059

• Message text: For the position update, an update type must be assigned to open flow

What causes this issue?

For the position update of product type &V1& and transaction type &V2&,
the respective update type must be assigned to the open flow.

System Response

The system cannot execute the function.

How to fix this error?

In your Customizing settings, check whether an update type has been
assigned to the open flow for product type &V1& and transactiontype &V2&
. To do this, navigate to <LS>Treasury and Risk Management ->
Transaction Manager -> OTC Derivatives (or Foreign Exchange) ->
Transaction Management -> Update Types -></>
<DS:SIMG.ATVDEALDFT>Assign Update Types for Position Update</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FSTCP_FWTR059 - For the position update, an update type must be assigned to open flow ?

  The SAP error message FSTCP_FWTR059 indicates that during a position update, the system requires an update type to be assigned to an open flow. This error typically occurs in the context of financial transactions or workflows where position updates are being processed, particularly in the context of Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM).
  Cause:
  The error is caused by the absence of an update type for the open flow in the system. This can happen due to several reasons:
  
  Configuration Issues: The update types may not be properly configured in the system.
  Missing Data: The necessary data for the update type might be missing or incorrectly entered.
  Workflow Issues: There may be issues with the workflow that is supposed to handle the position update.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the relevant module (e.g., Treasury or Financial Supply Chain Management).
  Ensure that the update types are correctly defined and assigned to the relevant flows.
  
  
  
  Assign Update Type:
  
  If you have access to the relevant transaction codes (like SPRO for configuration), navigate to the section where update types are defined.
  Assign the appropriate update type to the open flow that is causing the error.
  
  
  
  Review Data:
  
  Check the data being processed for the position update. Ensure that all required fields are filled out correctly and that there are no missing entries.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to the specific module you are working with. This can provide insights into the required configurations and common issues.
  
  
  
  Debugging:
  
  If you have access to debugging tools, you can trace the process to identify where the update type is not being assigned.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above steps, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), FBL1N (for vendor line items), or others depending on your specific context.
  SAP Notes: Search for SAP Notes related to FSTCP_FWTR059 for any patches or updates that may address this issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify and resolve the cause of the error message FSTCP_FWTR059 in your SAP system.