Message type: E = Error
Message class: FTR0 - Treasury: Financial Transaction
Message number: 501
Message text: Hedge Accounting: You must not change the contract date
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FTR0501
- Hedge Accounting: You must not change the contract date ?The SAP error message FTR0501, which states "Hedge Accounting: You must not change the contract date," typically occurs in the context of hedge accounting when there is an attempt to modify the contract date of a financial instrument that is already linked to a hedge relationship. This is a critical restriction in SAP's hedge accounting functionality to ensure the integrity of the hedge relationship and compliance with accounting standards.
Cause: Contract Date Change: The primary cause of this error is an attempt to change the contract date of a financial instrument (e.g., a derivative) that is part of a hedge relationship. Hedge Accounting Rules: According to hedge accounting rules, once a hedge relationship is established, certain parameters, including the contract date, should remain unchanged to maintain the effectiveness of the hedge. System Configuration: The system may be configured to prevent changes to certain fields once a hedge relationship is active.
Solution: Do Not Change the Contract
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