How To Fix FTR0556 - Key date for data destruction: &1 (retention period in months: &2)

FTR0556 - Overview

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 556

• Message text: Key date for data destruction: &1 (retention period in months: &2)

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0556 - Key date for data destruction: &1 (retention period in months: &2) ?

  The SAP error message FTR0556 indicates an issue related to the retention period for data destruction in the context of financial transactions, particularly in the area of treasury and risk management. This error typically arises when the key date for data destruction is reached, and the system is trying to process data that is subject to retention rules.
  
  Cause:
  The error message FTR0556 is triggered when:
  
  The key date for data destruction has been reached, meaning that the retention period for certain financial data has expired.
  The retention period defined in the system (in months) has elapsed, and the system is attempting to access or process data that should have been destroyed according to the retention policy.
  
  
  Solution:
  To resolve this error, you can consider the following steps:
  
  
  Check Retention Period Settings:
  
  Review the retention period settings in your SAP system. Ensure that the retention periods are correctly defined for the relevant financial transactions.
  You can check the configuration