How To Fix FTR0321 - Correspondence type &1 is not permitted (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 321

• Message text: Correspondence type &1 is not permitted (see long text)

What causes this issue?

No business partner was assigned to the role &V2& (equivalent to
correspondence type &V1&)

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

First assign a business partner. Then create a planned record.

Procedure for System Administrators

Note: When maintaining standing instructions correspondence for
correspondence type &V1& the planned record is created automatically.
If you are unable to assign a business partner to the role &V2&, check
that your Customizing settings for the partner object relationship are
correct.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0321 - Correspondence type &1 is not permitted (see long text) ?

  The SAP error message FTR0321 indicates that a specific correspondence type is not permitted in the context of the transaction or operation you are trying to perform. This error typically arises in the context of financial transactions, particularly in the area of treasury and risk management.
  Cause:
  The error can occur due to several reasons:
  
  Configuration Issues: The correspondence type you are trying to use may not be configured correctly in the system. This could be due to missing entries in the customizing settings.
  Authorization Issues: The user may not have the necessary authorizations to use the specified correspondence type.
  Incorrect Data Entry: The correspondence type may have been entered incorrectly or may not exist in the system.
  Business Rules: Certain business rules or conditions may restrict the use of specific correspondence types for certain transactions.
  
  Solution:
  To resolve the FTR0321 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the customizing settings in SAP (transaction SPRO).
  Navigate to the relevant section for Treasury and Risk Management.
  Verify that the correspondence type you are trying to use is defined and configured correctly.
  
  
  
  Review Authorizations:
  
  Ensure that the user has the necessary authorizations to access and use the specified correspondence type.
  You may need to consult with your SAP security team to check the user's roles and authorizations.
  
  
  
  Validate Data Entry:
  
  Double-check the entry for the correspondence type in the transaction you are performing.
  Ensure that it matches the defined correspondence types in the system.
  
  
  
  Consult Documentation:
  
  Review the long text associated with the error message for additional context or specific instructions.
  You can access the long text by clicking on the error message in the SAP GUI.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any updates or patches related to the FTR0321 error.
  Transaction Codes: Familiarize yourself with relevant transaction codes in Treasury and Risk Management, such as FTR_CREATE, FTR_EDIT, etc.
  Documentation: Review SAP documentation or help files related to Treasury and Risk Management for more detailed information on correspondence types and their configurations.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.