How To Fix FTR_FORWARDS001 - Forward transaction &2 created in company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 001

• Message text: Forward transaction &2 created in company code &1

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_FORWARDS001 - Forward transaction &2 created in company code &1 ?

  The SAP error message FTR_FORWARDS001 indicates that a forward transaction has been created in a specific company code. This message typically arises in the context of financial transactions, particularly in the area of treasury and risk management, where forward contracts are managed.
  Cause:
  The error message can occur due to several reasons, including:
  
  Incorrect Configuration: The system may not be properly configured to handle forward transactions for the specified company code.
  Missing Master Data: Required master data for the company code or the transaction type may be missing or incomplete.
  Authorization Issues: The user may not have the necessary authorizations to create or manage forward transactions in the specified company code.
  Data Entry Errors: There may be errors in the data entered for the forward transaction, such as incorrect company code or transaction details.
  
  Solution:
  To resolve the issue, you can take the following steps:
  
  
  Check Configuration:
  
  Ensure that the configuration for forward transactions is correctly set up in the system for the relevant company code. This includes checking the settings in the Treasury and Risk Management module.
  
  
  
  Verify Master Data:
  
  Confirm that all necessary master data (e.g., company code, business partner, financial instruments) is correctly maintained and complete.
  
  
  
  Review Authorizations:
  
  Check the user’s authorization profile to ensure they have the necessary permissions to create and manage forward transactions in the specified company code.
  
  
  
  Correct Data Entry:
  
  Review the data entered for the forward transaction. Ensure that the company code and other relevant details are correct and complete.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling forward transactions and any related configuration settings.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing forward transactions, such as FTR_CREATE for creating financial transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to the error message.
  Training and Documentation: Review training materials or documentation related to Treasury and Risk Management in SAP to better understand the processes involved.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.