How To Fix FTR_COMF053 - Forward date &1 is before the exercise period &2

FTR_COMF053 - Overview

• Message type: E = Error

• Message class: FTR_COMF - Message class for commodity forward

• Message number: 053

• Message text: Forward date &1 is before the exercise period &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_COMF053 - Forward date &1 is before the exercise period &2 ?

  The SAP error message FTR_COMF053 indicates that there is an issue with the forward date specified in a financial transaction, specifically in the context of financial instruments or derivatives. The error message states that the forward date you are trying to use is before the exercise period, which is not allowed.
  
  Cause:
  The error occurs when:
  
  You are attempting to execute a transaction (such as a forward contract or option) with a forward date that is earlier than the defined exercise period for that financial instrument.
  The exercise period is the timeframe during which the holder of the option can exercise their right to buy or sell the underlying asset. If the forward date is set before this period, it violates the rules of the financial instrument.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Forward Date: Review the forward date you have entered in the transaction. Ensure that it is set