How To Fix FTR_FORWARDS024 - A maximum nominal amount of &1 can be rolled over

FTR_FORWARDS024 - Overview

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 024

• Message text: A maximum nominal amount of &1 can be rolled over

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_FORWARDS024 - A maximum nominal amount of &1 can be rolled over ?

  The SAP error message FTR_FORWARDS024 indicates that there is a limitation on the maximum nominal amount that can be rolled over for a forward contract. This error typically arises in the context of financial transactions involving derivatives, such as forward contracts, where the rollover of a contract is attempted with an amount exceeding the predefined limit.
  
  Cause:
  
  Exceeding Maximum Limit: The primary cause of this error is that the nominal amount you are trying to roll over exceeds the maximum nominal amount set in the system for that particular forward contract.
  Configuration Settings: The maximum nominal amount may be defined in the configuration settings of the financial instruments in SAP. This could be based on company policy, regulatory requirements, or system settings.
  Contract Specifications: The specific forward contract may have been set up with a limit that is lower than the amount you are attempting to roll over.
  
  
  Solution:
  
  Check Contract Limits: Review the specifications of