How To Fix FTR_COMS053 - Commodity swap is not symmetrical in terms of &1 and &2


FTR_COMS053 - Overview

  • Message type: E = Error

  • Message class: FTR_COMS -

  • Message number: 053

  • Message text: Commodity swap is not symmetrical in terms of &1 and &2

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  • Self-Explanatory Message

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    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message FTR_COMS053 - Commodity swap is not symmetrical in terms of &1 and &2 ?
    The SAP error message FTR_COMS053 indicates that there is an issue with a commodity swap transaction where the cash flows or terms are not symmetrical. This typically means that the amounts or terms associated with the two sides of the swap (e.g., fixed vs. floating rates, or different payment schedules) do not match as expected.
    
    Cause: Asymmetrical Cash Flows: The cash flows for the two legs of the swap (e.g., fixed vs. floating) are not equal or do not correspond correctly. Incorrect Configuration: The configuration settings for the commodity swap may not be set up correctly, leading to mismatched terms. Data Entry Errors: There may be errors in the data entry for the commodity swap, such as incorrect amounts, dates, or rates. Inconsistent Terms: The terms of the swap (e.g., notional amounts, payment frequencies) may not be consistent with the requirements for a symmetrical swap.
    Solution: Review the Transaction: Check the details of the commodity swap transaction

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