How To Fix FTOE_CORE306 - Hedging classification &1 can be used after &3 only

SAP Error Message - Details

• Message type: E = Error

• Message class: FTOE_CORE -

• Message number: 306

• Message text: Hedging classification &1 can be used after &3 only

What causes this issue?

You have attempted to specify how hedging instruments of hedging
classification &V1& are designated. However, this classification is
already assigned for designations in hedging area &V4& until &V3& for
company code and valuation area &V2&.

System Response

The system will not apply your entry.

How to fix this error?

Either assign the hedging classification &V1& after &V3& as relevant for
designation, or restrict the assignment to hedging area &V4&.
If neither option is possible, check whether you need to create new
hedging classifications.

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 FTOE_CORE306 - Hedging classification &1 can be used after &3 only ?

  The SAP error message FTOE_CORE306 typically relates to the classification of hedging instruments in the context of financial transactions, particularly in the area of Treasury and Risk Management. This error indicates that a specific hedging classification cannot be used until a certain condition is met, which is often related to the timing or sequence of transactions.
  Cause:
  The error message "Hedging classification &1 can be used after &3 only" suggests that the hedging classification you are trying to use (denoted as &1) is not valid at the current point in time or under the current conditions. The reference to &3 usually indicates a specific date or event that must occur before the hedging classification can be applied.
  Common causes for this error include:
  
  Incorrect Timing: The hedging classification is being applied before the relevant transaction or event has occurred.
  Configuration Issues: There may be configuration settings in the system that restrict the use of certain hedging classifications based on specific criteria.
  Data Entry Errors: There may be mistakes in the data entry that lead to the system not recognizing the appropriate conditions for the hedging classification.
  
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check Transaction Dates: Verify the dates of the transactions involved. Ensure that the hedging classification is being applied after the required event or date indicated by &3.
  
  
  Review Configuration: Check the configuration settings in the SAP system related to hedging classifications. Ensure that the settings allow for the use of the specified classification under the current circumstances.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the hedging classification you are trying to use. This may provide insights into any prerequisites or restrictions.
  
  
  Adjust Data Entry: If there are any data entry errors, correct them to ensure that all relevant information is accurate and complete.
  
  
  Seek Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific configuration and usage.
  
  
  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 transaction codes related to Treasury and Risk Management, such as FTR_CREATE (Create Financial Transaction) or FTR_EDIT (Edit Financial Transaction), as these may be relevant to your work.
  Training and Documentation: Ensure that users involved in hedging transactions are adequately trained and have access to documentation that outlines the proper procedures and classifications.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.