How To Fix FTR0604 - Only mandate type 3 is allowed if a finance project is specified

FTR0604 - Overview

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 604

• Message text: Only mandate type 3 is allowed if a finance project is specified

Self-Explanatory Message

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FTR0604 - Details

• The SAP error message FTR0604, which states "Only mandate type 3 is allowed if a finance project is specified," typically occurs in the context of financial transactions involving mandates in the SAP system, particularly in the area of Treasury and Risk Management.
  
  Cause:
  This error arises when you are trying to create or process a mandate (which is a legal authorization for a financial transaction) in the SAP system, and the system detects that:
  
  A finance project has been specified in the transaction.
  The mandate type being used is not compatible with the specified finance project.
  
  In SAP, mandate types are categorized, and mandate type 3 is specifically designed for use with finance projects. If a different mandate type is used while a finance project is specified, the system will trigger this error.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Mandate Type: Ensure that you are using mandate type 3 when a finance