How To Fix FSTCP_FWTR070 - 'Without Accrued Interest' indicator is set

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 070

• Message text: 'Without Accrued Interest' indicator is set

What causes this issue?

An accrued interest flow has been deleted or the payment amount has been
set to zero.

System Response

The system sets the "Without Accrued Interest" indicator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FSTCP_FWTR070 - 'Without Accrued Interest' indicator is set ?

  The SAP error message FSTCP_FWTR070, which states that the "Without Accrued Interest" indicator is set, typically occurs in the context of financial transactions involving interest calculations, particularly in the area of treasury and risk management or financial accounting.
  Cause:
  The error arises when a transaction is being processed that requires accrued interest calculations, but the "Without Accrued Interest" indicator is activated. This can happen in various scenarios, such as:
  
  Transaction Type: The transaction type being used may not support accrued interest.
  Configuration Settings: The configuration settings for the financial instrument or transaction may have the "Without Accrued Interest" option enabled.
  Data Entry: Incorrect data entry during the transaction creation or modification process.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Transaction Type: Ensure that the transaction type you are using is appropriate for the transaction you are trying to process. If accrued interest is required, you may need to select a different transaction type.
  
  
  Review Configuration: 
  
  Go to the configuration settings for the financial instruments or transaction types in your SAP system.
  Check if the "Without Accrued Interest" indicator is set and determine if it should be disabled for the specific transaction type you are working with.
  
  
  
  Modify Transaction: If the transaction has already been created, you may need to modify it to remove the "Without Accrued Interest" indicator. This can usually be done in the transaction details screen.
  
  
  Consult Documentation: Review the SAP documentation or help files related to the specific module you are working with (e.g., Treasury, Financial Accounting) for more detailed guidance on handling accrued interest.
  
  
  Contact Support: If you are unable to resolve the issue through the above steps, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your system configuration and business processes.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional context.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FTR_CREATE, FTR_EDIT) that may be involved in creating or modifying financial transactions.
  Training and Documentation: Ensure that users involved in financial transactions are adequately trained on the implications of the "Without Accrued Interest" indicator and how to manage it effectively.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.