How To Fix FTR_COMS055 - Start date of commodity swap falls before contract date

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_COMS -

• Message number: 055

• Message text: Start date of commodity swap falls before contract date

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_COMS055 - Start date of commodity swap falls before contract date ?

  The SAP error message FTR_COMS055 indicates that there is an issue with the start date of a commodity swap contract. Specifically, the error states that the start date of the commodity swap falls before the contract date. This typically occurs in the context of financial transactions involving commodity swaps in SAP's Treasury and Risk Management module.
  Cause:
  The error is caused by the following scenarios:
  
  Incorrect Date Entry: The start date of the commodity swap has been entered incorrectly, and it is set to a date that is earlier than the contract date.
  Contract Configuration: The contract may have been configured with an incorrect date range, leading to a mismatch between the contract date and the swap start date.
  Data Migration Issues: If data was migrated from another system, there may have been inconsistencies in the date formats or values.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Dates: Review the contract details and ensure that the start date of the commodity swap is set to a date that is equal to or later than the contract date.
  
  Navigate to the relevant transaction in SAP (e.g., transaction code FTR_CREATE or FTR_EDIT) and verify the dates.
  
  
  
  Adjust Dates: If the start date is indeed earlier than the contract date, update the start date to a valid date that meets the requirement.
  
  
  Review Contract Configuration: If the issue persists, check the configuration settings for the commodity swap contract to ensure that the date settings are correct.
  
  
  Consult Documentation: Refer to SAP documentation or help files for additional guidance on date settings in commodity swaps.
  
  
  Testing: After making the necessary adjustments, test the transaction again to ensure that the error no longer occurs.
  
  
  Seek Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY for managing financial transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to commodity swaps and date handling.
  User Manuals: Review user manuals or training materials specific to the Treasury and Risk Management module for best practices in managing contracts and swaps.
  
  By following these steps, you should be able to resolve the FTR_COMS055 error and ensure that your commodity swap contracts are set up correctly.