How To Fix FTBCVA058 - Financial transaction &1: No collateral available

SAP Error Message - Details

• Message type: E = Error

• Message class: FTBCVA - Credit Value Adjustment

• Message number: 058

• Message text: Financial transaction &1: No collateral available

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTBCVA058 - Financial transaction &1: No collateral available ?

  The SAP error message FTBCVA058 indicates that there is no collateral available for a financial transaction. This error typically arises in the context of financial transactions that require collateral management, such as loans, derivatives, or other financial instruments where collateral is necessary to mitigate credit risk.
  Cause:
  
  Missing Collateral Data: The collateral data may not have been entered or may be incomplete in the system.
  Incorrect Configuration: The system configuration for collateral management may not be set up correctly, leading to the inability to find available collateral.
  Collateral Expiry: The collateral that was previously available may have expired or been released.
  Transaction Type: The specific financial transaction type may not be linked to any collateral agreements.
  Authorization Issues: The user may not have the necessary permissions to view or access the collateral data.
  
  Solution:
  
  Check Collateral Data: Verify that the collateral data is correctly entered in the system. Ensure that the collateral agreements are active and that the collateral is available for the specific transaction.
  Review Configuration: Check the configuration settings for collateral management in SAP. Ensure that the necessary settings are in place for the transaction type you are working with.
  Update Collateral: If the collateral has expired, consider updating or renewing the collateral agreements as necessary.
  Transaction Review: Ensure that the financial transaction is correctly set up and linked to the appropriate collateral agreements.
  User Permissions: Verify that the user has the necessary authorizations to access and manage collateral data.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit financial transactions) and FTR_CREATE (to create financial transactions).
  Collateral Management: Understand the collateral management module in SAP, which includes managing collateral agreements, monitoring collateral values, and ensuring compliance with regulatory requirements.
  Documentation: Refer to SAP documentation or help files for detailed guidance on collateral management and troubleshooting related errors.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who specializes in SAP Financials and collateral management.