How To Fix FTR_FORWARDS021 - Repo calculation date must be after the spot calculation date

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 021

• Message text: Repo calculation date must be after the spot calculation date

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_FORWARDS021 - Repo calculation date must be after the spot calculation date ?

  The SAP error message FTR_FORWARDS021 indicates that there is an issue with the dates used in a forward transaction. Specifically, the error states that the "repo calculation date must be after the spot calculation date." This typically occurs in the context of financial transactions involving repos (repurchase agreements) or forward contracts.
  Cause:
  The error arises when the repo calculation date (the date on which the repo transaction is being evaluated) is set to a date that is earlier than or the same as the spot calculation date (the date on which the underlying asset is evaluated). In financial transactions, the repo calculation date must logically follow the spot calculation date to ensure that the transaction is valid and that the calculations are accurate.
  Solution:
  To resolve this error, you should:
  
  
  Check the Dates: Review the dates entered in the transaction. Ensure that the repo calculation date is set to a date that is after the spot calculation date.
  
  
  Adjust the Repo Calculation Date: If the repo calculation date is incorrect, modify it to a later date. This can usually be done in the transaction entry screen where you are entering the details of the repo transaction.
  
  
  Review Transaction Logic: Ensure that the logic of your transaction makes sense. For example, if you are entering a transaction that is meant to occur in the future, make sure that both dates reflect that future timeline appropriately.
  
  
  Consult Documentation: If you are unsure about the correct dates to use, refer to your organization's financial policies or SAP documentation regarding repo transactions.
  
  
  Test the Changes: After making the necessary adjustments, try to process the transaction again to see if the error persists.
  
  
  Related Information:
  
  Transaction Types: This error is commonly encountered in transactions related to financial instruments, particularly in the context of treasury management and financial derivatives.
  SAP Modules: This error is typically associated with the SAP Treasury and Risk Management (TRM) module.
  Documentation: For more detailed information, you can refer to SAP Help documentation or consult with your SAP support team for specific guidance related to your implementation.
  
  By ensuring that the repo calculation date is always after the spot calculation date, you can avoid this error and ensure smooth processing of your financial transactions.