How To Fix FTR0702 - Hedge request ID &1 with status &2 cannot be used

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 702

• Message text: Hedge request ID &1 with status &2 cannot be used

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0702 - Hedge request ID &1 with status &2 cannot be used ?

  The SAP error message FTR0702 indicates that a hedge request with a specific ID and status cannot be used for further processing. This error typically arises in the context of financial transactions, particularly in the area of hedging and risk management within SAP Treasury and Risk Management (TRM).
  Cause:
  The error message FTR0702 can occur due to several reasons, including:
  
  
  Invalid Status: The hedge request may be in a status that does not allow it to be processed further. For example, it could be in a status like "Rejected," "Cancelled," or "Completed," which prevents any further actions.
  
  
  Incomplete Data: The hedge request might be missing required information or documentation that is necessary for processing.
  
  
  Authorization Issues: The user may not have the necessary permissions to process the hedge request in its current status.
  
  
  System Configuration: There may be configuration settings in the SAP system that restrict the processing of hedge requests based on their status.
  
  
  Solution:
  To resolve the FTR0702 error, consider the following steps:
  
  
  Check the Status: Review the status of the hedge request. If it is in a non-processable status, you may need to change its status or create a new hedge request.
  
  
  Review Documentation: Ensure that all required information and documentation for the hedge request are complete and accurate.
  
  
  User Authorization: Verify that the user attempting to process the hedge request has the necessary authorizations. If not, contact your system administrator to obtain the required permissions.
  
  
  Consult Configuration: If the issue persists, consult with your SAP system administrator or functional consultant to review the configuration settings related to hedge requests. They may need to adjust settings to allow processing of hedge requests in certain statuses.
  
  
  Error Logs: Check the system logs for any additional error messages or warnings that may provide more context about the issue.
  
  
  SAP Notes: Search for relevant SAP Notes or documentation that may address this specific error message. SAP frequently updates its knowledge base with solutions to common issues.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP TRM, such as FTR_CREATE (Create Hedge Request) and FTR_DISPLAY (Display Hedge Request), to manage hedge requests effectively.
  SAP Help Portal: Utilize the SAP Help Portal for detailed documentation on hedge management and error messages.
  Training and Support: Consider training sessions or support from SAP consultants to better understand the hedge management process and error handling.
  
  By following these steps, you should be able to identify the cause of the FTR0702 error and implement a suitable solution.