How To Fix FTR0410 - No open counterconfirmation found for partner &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 410

• Message text: No open counterconfirmation found for partner &1

What causes this issue?

While assigning the counterconfirmation, the system was unable to find
a matching transaction activity.
The entries of the correspondence data table VTBKORES provide the basis
for this. The system simply searches here according to product
category, transaction category and business partner.
In this case, no suitable transactions with open counterconfirmations
were found for business partner &V1&.
<ZH>Additional information:</>
Transaction data such as amounts, currencies, rates/prices, are only
analyzed in the subsequent processing level.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0410 - No open counterconfirmation found for partner &1 ?

  The SAP error message FTR0410 ("No open counterconfirmation found for partner &1") typically occurs in the context of financial transactions, particularly when dealing with financial instruments or derivatives in the SAP system. This error indicates that the system is unable to find an open counterconfirmation for the specified partner, which is necessary for processing certain transactions.
  Cause:
  
  
  Missing Counterconfirmation: The primary cause of this error is that there is no existing open counterconfirmation for the specified partner in the system. This could happen if the counterconfirmation was never created, was deleted, or has already been processed and closed.
  
  
  Incorrect Partner Information: The partner information provided in the transaction may be incorrect or not match any existing records in the system.
  
  
  Timing Issues: The transaction may be attempted before the necessary counterconfirmation has been created or after it has been closed.
  
  
  Configuration Issues: There may be configuration settings in the SAP system that are not set up correctly, leading to issues in recognizing counterconfirmations.
  
  
  Solution:
  
  
  Check for Existing Counterconfirmations: Verify if there are any open counterconfirmations for the specified partner. You can do this by navigating to the relevant transaction or report in SAP that lists counterconfirmations.
  
  
  Create Counterconfirmation: If no open counterconfirmation exists, you may need to create one manually. Ensure that all necessary details are correctly filled out.
  
  
  Verify Partner Information: Double-check the partner information being used in the transaction. Ensure that it matches the records in the system.
  
  
  Review Transaction Timing: Ensure that you are processing the transaction at the correct time, after the necessary counterconfirmation has been created.
  
  
  Consult Configuration Settings: If the issue persists, consult with your SAP configuration team to review the settings related to counterconfirmations and financial transactions.
  
  
  Check for System Updates: Sometimes, system updates or patches may resolve underlying issues. Ensure that your SAP system is up to date.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE (to create financial transactions) and FTR_DISPLAY (to display existing transactions).
  Documentation: Refer to SAP documentation or help files for detailed information on counterconfirmations and financial transaction processing.
  SAP Notes: Check SAP Notes for any known issues or fixes related to this error message. SAP Notes can provide insights into specific bugs or configuration recommendations.
  
  If the problem persists after trying the above solutions, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.