How To Fix FTBB005 - Spot rate validity date &1 differs from swap rate validity date &2

FTBB005 - Overview

• Message type: E = Error

• Message class: FTBB - Message Class FTBB

• Message number: 005

• Message text: Spot rate validity date &1 differs from swap rate validity date &2

What causes this issue?

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

System Response

How to fix this error?

Procedure for System Administrators

INCLUDE 'TRM_CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTBB005 - Spot rate validity date &1 differs from swap rate validity date &2 ?

  The SAP error message FTBB005 indicates a discrepancy between the validity dates of the spot rate and the swap rate in a financial transaction. This error typically arises in the context of foreign exchange (FX) transactions or when dealing with financial instruments that involve currency conversions.
  
  Cause:
  The error occurs when:
  
  The validity date of the spot rate (the current exchange rate for immediate delivery) does not match the validity date of the swap rate (the rate agreed upon for a future transaction).
  This can happen if the rates are not aligned in the system, possibly due to incorrect data entry, configuration issues, or timing differences in the rates being used.
  
  
  Solution:
  To resolve the FTBB005 error, you can take the following steps:
  
  
  Check Rate Validity Dates:
  
  Verify the validity dates of both the spot rate and the swap rate in the system. Ensure that they are aligned and that the rates are valid for the same date.
  
  
  
  Update