How To Fix FTR_FORWARDS031 - Flow type not defined for cash settlement

FTR_FORWARDS031 - Overview

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 031

• Message text: Flow type not defined for cash settlement

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_FORWARDS031 - Flow type not defined for cash settlement ?

  The SAP error message FTR_FORWARDS031 indicates that there is an issue with the flow type not being defined for cash settlement in the context of financial transactions, particularly in the area of forward contracts or derivatives.
  
  Cause:
  This error typically arises when:
  
  The flow type that is supposed to be used for cash settlement has not been defined in the system.
  The configuration for the financial transaction (like a forward contract) is incomplete or incorrect.
  The relevant settings in the Customizing (SPRO) for cash settlement are not properly maintained.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Flow Type Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Services -> Treasury and Risk Management -> Transaction Management -> Flow Types.
  Ensure that the flow type for cash settlement is defined and correctly configured.
  
  
  
  Define Flow Type:
  
  If the flow type is not defined, you will need to create it. Make sure to specify the necessary parameters and