How To Fix FTR_FORWARDS040 - Corporate action with change of issue currency is not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 040

• Message text: Corporate action with change of issue currency is not permitted

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_FORWARDS040 - Corporate action with change of issue currency is not permitted ?

  The SAP error message FTR_FORWARDS040 indicates that there is an issue with processing a corporate action that involves a change in the issue currency. This typically occurs in the context of financial transactions, particularly in the area of treasury and risk management, where corporate actions (like bond conversions, stock splits, etc.) are being processed.
  Cause:
  The error arises when:
  
  A corporate action is being processed that involves changing the currency of the financial instrument (e.g., a bond or stock).
  The system settings or configurations do not allow for such changes, as they can complicate accounting and reporting processes.
  The corporate action does not comply with the rules defined in the system regarding currency changes.
  
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check Configuration Settings:
  
  Review the configuration settings in the SAP system related to corporate actions and currency handling. Ensure that the settings allow for the processing of corporate actions with currency changes if that is intended.
  
  
  
  Review Corporate Action Details:
  
  Verify the details of the corporate action being processed. Ensure that the action is valid and that the currency change is necessary and correctly defined.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidelines on handling corporate actions and currency changes. This may provide insights into any restrictions or requirements.
  
  
  
  Contact SAP Support:
  
  If the issue persists, consider reaching out to SAP support for assistance. They can provide more detailed insights based on your specific system configuration and version.
  
  
  
  Workaround:
  
  If changing the currency is not permissible, consider processing the corporate action without the currency change or look for alternative methods to achieve the desired outcome without violating system constraints.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide updates on handling corporate actions.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with corporate actions, treasury management, and currency settings.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the error and implement a suitable solution.