How To Fix FTR0559 - Retention period is not specified for entity 'Trader'

FTR0559 - Overview

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 559

• Message text: Retention period is not specified for entity 'Trader'

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0559 - Retention period is not specified for entity 'Trader' ?

  The SAP error message FTR0559 indicates that a retention period has not been specified for the entity 'Trader' in the context of financial transactions or asset management. This error typically arises in the SAP Treasury and Risk Management (TRM) module, particularly when dealing with financial instruments or trading activities.
  
  Cause:
  The error occurs because the system requires a retention period to be defined for the 'Trader' entity. The retention period is essential for compliance and regulatory purposes, as it determines how long certain data related to the trader must be retained in the system.
  
  Solution:
  To resolve the FTR0559 error, you need to specify a retention period for the 'Trader' entity. Here are the steps to do this:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the relevant configuration area for Treasury and Risk Management.
  
  
  
  Define Retention Period:
  
  Look for the settings related to 'Trader' or 'Trader Master Data'.
  You may find an option to