How To Fix FTR_FORWARDS032 - Securities account &1/&2 not permitted for forward transactions

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 032

• Message text: Securities account &1/&2 not permitted for forward transactions

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_FORWARDS032 - Securities account &1/&2 not permitted for forward transactions ?

  The SAP error message FTR_FORWARDS032 indicates that a specific securities account is not permitted for forward transactions. This error typically arises in the context of financial transactions involving securities, particularly when dealing with forward contracts or derivatives.
  Cause:
  The error can occur due to several reasons:
  
  Account Configuration: The securities account specified in the transaction may not be configured to handle forward transactions. This could be due to settings in the account master data.
  Transaction Type Restrictions: The system may have restrictions on certain transaction types for specific accounts, which could be due to regulatory or internal policy reasons.
  Missing Authorizations: The user may not have the necessary authorizations to perform transactions on the specified securities account.
  Incorrect Account Assignment: The account being used may not be the correct one for the type of transaction being attempted.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the account master data in SAP and verify the settings for the securities account. Ensure that it is allowed for forward transactions.
  You may need to consult with your financial or accounting team to confirm the correct configuration.
  
  
  
  Review Transaction Type Settings:
  
  Check if there are any restrictions on the transaction type you are trying to execute. This can usually be found in the configuration settings for financial transactions.
  
  
  
  User Authorizations:
  
  Ensure that the user executing the transaction has the necessary authorizations to perform actions on the specified securities account. This may involve checking user roles and permissions in the SAP system.
  
  
  
  Correct Account Assignment:
  
  Verify that the correct securities account is being used for the forward transaction. If necessary, change the account to one that is permitted for such transactions.
  
  
  
  Consult Documentation:
  
  Review any relevant SAP documentation or help files related to securities transactions and forward contracts for additional guidance.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT for editing financial transactions or FTR_CREATE for creating new transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Training and Documentation: Ensure that users involved in securities transactions are adequately trained and have access to documentation regarding the handling of forward transactions in SAP.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.