How To Fix FTR0408 - Transaction &1; company code &2, activity &3 counterconfirmed

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 408

• Message text: Transaction &1; company code &2, activity &3 counterconfirmed

What causes this issue?

The system was able to assign the inbound data to transaction &V1&;
activity &V3& in company code &V2&. The transaction activity therefore
now appears with the counterconfirmation status 'matched'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0408 - Transaction &1; company code &2, activity &3 counterconfirmed ?

  The SAP error message FTR0408 indicates that there is an issue with a transaction in the Financial Services module, specifically related to counter confirmations in the context of financial transactions. Here’s a breakdown of the cause, potential solutions, and related information for this error message:
  Cause:
  The error message FTR0408 typically occurs when there is a mismatch or inconsistency in the counter confirmation process for a financial transaction. This can happen due to several reasons, such as:
  
  Incorrect Transaction Data: The transaction data entered may not match the expected values for the company code or activity.
  Missing Counter Confirmation: The system may be expecting a counter confirmation that has not been provided or recorded.
  Configuration Issues: There may be configuration settings in the system that are not aligned with the transaction requirements.
  Data Integrity Issues: There could be issues with the underlying data integrity, such as missing or incorrect entries in related tables.
  
  Solution:
  To resolve the FTR0408 error, you can take the following steps:
  
  Check Transaction Data: Review the transaction details for accuracy. Ensure that the company code, transaction type, and activity are correctly entered.
  Verify Counter Confirmation: Ensure that the necessary counter confirmation has been recorded in the system. If it is missing, you may need to enter it.
  Review Configuration Settings: Check the configuration settings related to the financial transaction and counter confirmations. Ensure that they are set up correctly according to your business requirements.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling counter confirmations in your version of SAP.
  Check for Updates or Notes: Look for any SAP Notes or updates that may address this specific error message. Sometimes, SAP releases patches or notes that provide solutions for known issues.
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. Provide them with the error message details and any relevant transaction data.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to financial transactions and counter confirmations, such as FTR_EDIT or FTR_CREATE.
  SAP Community: Engage with the SAP Community forums where other users may have encountered similar issues and can provide insights or solutions.
  Training and Documentation: Consider additional training or reviewing documentation related to the Financial Services module in SAP to better understand the processes involved.
  
  By following these steps, you should be able to identify the cause of the FTR0408 error and implement a solution to resolve it.