How To Fix FTR0456 - TARO with &1 was rejected from trade repository &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 456

• Message text: TARO with &1 was rejected from trade repository &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0456 - TARO with &1 was rejected from trade repository &2 ?

  The SAP error message FTR0456 indicates that a transaction (in this case, a TARO - Trade Repository Reporting) was rejected from a specified trade repository. This error typically arises in the context of financial transactions and reporting, particularly when dealing with derivatives or other financial instruments that require regulatory reporting.
  Cause:
  The error message FTR0456 can be caused by several factors, including:
  
  
  Data Validation Issues: The data being sent to the trade repository may not meet the required format or validation rules. This could include missing mandatory fields, incorrect data types, or values that fall outside acceptable ranges.
  
  
  Repository Configuration: The trade repository may not be properly configured to accept the transaction type being reported. This could involve settings within the SAP system or the trade repository itself.
  
  
  Connectivity Issues: There may be network or connectivity issues preventing the successful transmission of data to the trade repository.
  
  
  Regulatory Changes: Changes in regulatory requirements may lead to the rejection of previously accepted transactions if they no longer comply with the new rules.
  
  
  Authorization Issues: The user or system may not have the necessary permissions to submit transactions to the trade repository.
  
  
  Solution:
  To resolve the FTR0456 error, consider the following steps:
  
  
  Check Error Details: Review the detailed error message or logs to identify the specific reason for the rejection. This may provide insights into what data is causing the issue.
  
  
  Validate Data: Ensure that all required fields are populated correctly and that the data adheres to the expected formats and values. Use the SAP validation tools to check for any discrepancies.
  
  
  Review Configuration: Verify that the trade repository is correctly configured in the SAP system. Check the settings related to the specific transaction type being reported.
  
  
  Test Connectivity: Ensure that there are no network issues preventing communication with the trade repository. You may want to perform a connectivity test or check with your IT department.
  
  
  Consult Documentation: Review any recent changes in regulatory requirements or SAP notes that may affect the reporting process. This can help identify if any updates are needed in your reporting logic.
  
  
  Check Authorizations: Ensure that the user or system account has the necessary permissions to submit transactions to the trade repository.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT team for further assistance.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide updates related to the FTR0456 error.
  Documentation: Review the SAP documentation related to trade repository reporting for any specific guidelines or requirements.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the cause of the FTR0456 error in your SAP system.