How To Fix FTR0055 - Settlement of transaction &1 terminated due to errors

FTR0055 - Overview

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 055

• Message text: Settlement of transaction &1 terminated due to errors

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0055 - Settlement of transaction &1 terminated due to errors ?

  The SAP error message FTR0055 indicates that the settlement of a financial transaction (typically related to financial instruments) has been terminated due to errors. This error can occur in various scenarios, such as during the settlement of derivatives, loans, or other financial instruments in the SAP system.
  Causes of Error FTR0055
  
  
  Missing or Incorrect Data: The transaction may have missing or incorrect data that prevents it from being settled. This could include missing account assignments, incorrect amounts, or invalid dates.
  
  
  
  Configuration Issues: There may be configuration issues in the financial instruments module (e.g., missing settings for valuation, settlement, or accounting).
  
  
  Posting Period Issues: The posting period may be closed or not open for the transaction type being settled.
  
  
  Authorization Issues: The user may not have the necessary authorizations to perform the settlement.
  
  
  Technical Errors: There could be underlying technical issues, such as problems with the database or application server.
  
  
  Solutions to Error FTR0055
  
  
  Check Transaction Data: Review the