How To Fix FTR_COMF044 - Cash settlement currency differs from amount currency

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_COMF - Message class for commodity forward

• Message number: 044

• Message text: Cash settlement currency differs from amount currency

What causes this issue?

Currency entered for cash settlement differs from the currency defined
for the amount.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Manually adjust the cash settlment amount accordingly because it
will not be calculated automatically.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_COMF044 - Cash settlement currency differs from amount currency ?

  The SAP error message FTR_COMF044 indicates that there is a mismatch between the cash settlement currency and the amount currency in a financial transaction. This error typically occurs in the context of financial instruments, such as derivatives or other financial contracts, where cash settlements are involved.
  Cause:
  The error arises when:
  
  The currency used for the cash settlement (e.g., the currency in which the payment is to be made) does not match the currency of the amounts being processed (e.g., the currency of the underlying financial transaction).
  There may be configuration issues in the system regarding currency settings for the financial instruments.
  Incorrect data entry or configuration in the transaction details.
  
  Solution:
  To resolve the FTR_COMF044 error, you can take the following steps:
  
  
  Check Transaction Data:
  
  Review the transaction details to ensure that the cash settlement currency matches the currency of the amounts involved. This includes checking the currency settings in the transaction.
  
  
  
  Adjust Currency Settings:
  
  If the currencies do not match, you may need to adjust the currency settings in the transaction. This can involve changing the cash settlement currency to match the amount currency or vice versa.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the SAP system related to financial instruments and cash settlements. Ensure that the currencies are correctly defined in the relevant configuration areas.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling currency settings in financial transactions.
  
  
  
  Test in a Sandbox Environment:
  
  If possible, replicate the issue in a test or sandbox environment to understand the root cause and test potential solutions without affecting production data.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on the specific configuration and version of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit financial transactions) or FTR_COMF (to manage cash flow).
  Currency Configuration: Understand how currencies are configured in your SAP system, including transaction currency, local currency, and any relevant exchange rates.
  Documentation: Review SAP notes and knowledge base articles related to financial transactions and currency handling for additional troubleshooting steps.
  
  By following these steps, you should be able to identify and resolve the cause of the FTR_COMF044 error in your SAP system.