How To Fix FTR0299 - Counterconfirmation could not be reset

FTR0299 - Overview

• 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.

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• 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