How To Fix FTR_COMF050 - No settlement periods found for fixing date &1 and timing &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_COMF - Message class for commodity forward

• Message number: 050

• Message text: No settlement periods found for fixing date &1 and timing &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_COMF050 - No settlement periods found for fixing date &1 and timing &2 ?

  The SAP error message FTR_COMF050 indicates that there are no settlement periods found for a specified fixing date and timing in the context of financial transactions, particularly in the area of treasury and risk management. This error typically arises when trying to process financial instruments or transactions that require settlement periods, but the system cannot find any valid periods for the given parameters.
  Cause:
  
  Missing Settlement Periods: The most common cause is that there are no defined settlement periods for the specified fixing date and timing in the system.
  Incorrect Date/Timing: The fixing date or timing provided may not correspond to any existing settlement periods.
  Configuration Issues: There may be issues with the configuration of the financial instruments or the related settings in the SAP system.
  Data Entry Errors: There could be a mistake in the data entry, such as an incorrect date format or an invalid timing.
  
  Solution:
  
  Check Settlement Periods: Verify that the settlement periods are correctly defined in the system for the relevant financial instruments. You can do this by navigating to the relevant configuration settings in SAP.
  Review Fixing Date and Timing: Ensure that the fixing date and timing you are using are correct and correspond to the defined settlement periods.
  Configuration Review: If you have access, review the configuration settings for the financial instruments to ensure that they are set up correctly. This may involve checking transaction types, valuation methods, and other related settings.
  Consult Documentation: Refer to SAP documentation or help resources for guidance on how to define settlement periods and ensure that they are correctly set up.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide assistance based on your specific configuration and setup.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FTR_EDIT or FTR_CREATE to view or edit financial transactions.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and modify settlement periods and financial transactions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.