How To Fix FTBCVA060 - Financial transaction &1: &2% collateralized by external account &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FTBCVA - Credit Value Adjustment

• Message number: 060

• Message text: Financial transaction &1: &2% collateralized by external account &3

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTBCVA060 - Financial transaction &1: &2% collateralized by external account &3 ?

  The SAP error message FTBCVA060 typically relates to issues with financial transactions and collateral management in the SAP system. This error indicates that a financial transaction is collateralized by an external account, and it provides specific details about the transaction and the collateral involved.
  Cause:
  The error message FTBCVA060 can occur due to several reasons, including:
  
  Incorrect Configuration: The external account may not be properly configured in the system, or the collateral management settings may not align with the transaction requirements.
  Missing Data: Required data for the external account or collateral may be missing or incorrectly entered.
  Authorization Issues: The user may not have the necessary permissions to access or modify the external account or collateral settings.
  Inconsistent Data: There may be inconsistencies in the data related to the financial transaction and the collateralized account.
  
  Solution:
  To resolve the FTBCVA060 error, you can take the following steps:
  
  Check Configuration: Verify that the external account is correctly configured in the system. Ensure that all necessary settings for collateral management are in place.
  Review Transaction Data: Check the financial transaction details to ensure that all required fields are filled out correctly and that the external account is properly referenced.
  Validate Collateral Settings: Ensure that the collateral settings for the transaction are consistent with the external account being used.
  User Authorizations: Confirm that the user has the appropriate authorizations to access and manage the external account and collateral settings.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on collateral management and financial transactions.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes related to collateral management (e.g., transaction codes for managing financial transactions, collateral settings, etc.).
  User Forums: Explore SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the FTBCVA060 error and implement an appropriate solution.