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

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_COMS -

• Message number: 053

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

Self-Explanatory Message

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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 to ensure that the cash flows are symmetrical. Verify that the notional amounts, payment frequencies, and rates are correctly entered.
  Adjust Cash Flows: If the cash flows are indeed asymmetrical, adjust them to ensure that they match. This may involve changing the amounts or terms of one side of the swap.
  Check Configuration: Review the configuration settings in SAP for commodity swaps to ensure they are set up correctly. This may involve consulting with your SAP configuration team or reviewing documentation.
  Data Validation: Validate the data entered for the commodity swap to ensure there are no typographical errors or incorrect values.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on setting up symmetrical commodity swaps.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional guidance.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing commodity swaps, such as those for creating, modifying, or reviewing swap transactions.
  User Roles: Ensure that users involved in creating or managing commodity swaps have the appropriate roles and authorizations in SAP.
  Training: Consider training for users on how to properly set up and manage commodity swaps in SAP to prevent similar issues in the future.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who specializes in SAP Financials or Treasury Management.