How To Fix FTR0299 - Counterconfirmation could not be reset

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 299

• Message text: Counterconfirmation could not be reset

What causes this issue?

Error: Restart the processing function and try resetting the
counterconfirmation assignment.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0299 - Counterconfirmation could not be reset ?

  The SAP error message FTR0299 ("Counterconfirmation could not be reset") typically occurs in the context of financial transactions, particularly when dealing with financial instruments or derivatives in the SAP system. This error indicates that there was an issue with resetting a counterconfirmation for a financial transaction.
  Causes:
  
  Incorrect Status: The transaction may be in a status that does not allow for a counterconfirmation to be reset. For example, if the transaction has already been fully processed or settled.
  Data Inconsistencies: There may be inconsistencies in the data related to the financial transaction, such as missing or incorrect entries.
  Authorization Issues: The user may not have the necessary authorizations to perform the reset operation.
  System Configuration: There may be configuration settings in the SAP system that prevent the reset of counterconfirmations.
  Technical Issues: There could be underlying technical issues, such as database locks or system errors.
  
  Solutions:
  
  Check Transaction Status: Verify the status of the transaction. If it is already settled or in a final state, you may not be able to reset the counterconfirmation.
  Review Data Entries: Ensure that all relevant data entries for the transaction are complete and correct. Look for any missing or erroneous information.
  User Authorizations: Confirm that the user attempting to reset the counterconfirmation has the necessary permissions. If not, contact your system administrator to obtain the required authorizations.
  Consult Configuration Settings: Review the configuration settings related to financial transactions in your SAP system. Ensure that the settings allow for counterconfirmation resets.
  Check for Locks: Investigate if there are any database locks or other technical issues that might be preventing the operation. You may need to consult with your IT support team for assistance.
  SAP Notes and Support: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error. There may be patches or updates available that resolve the issue.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to financial instruments, such as FTR_EDIT or FTR_CREATE.
  Documentation: Review SAP documentation related to financial transaction management and counterconfirmations for a deeper understanding of the processes involved.
  Community Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  If the issue persists after trying the above solutions, it may be necessary to escalate the matter to SAP support for further investigation.