How To Fix FTR_FORWARDS042 - Reversal of corporate action is not permitted: Follow-up activity exists

FTR_FORWARDS042 - Overview

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 042

• Message text: Reversal of corporate action is not permitted: Follow-up activity exists

Self-Explanatory Message

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FTR_FORWARDS042 - Details

• The SAP error message FTR_FORWARDS042 indicates that a reversal of a corporate action is not permitted because there is a follow-up activity that exists. This typically occurs in the context of financial transactions, particularly in the area of treasury and risk management, where corporate actions (like dividends, stock splits, etc.) are processed.
  
  Cause:
  The error arises when you attempt to reverse a corporate action that has already been followed up by another transaction or activity. This could be due to:
  
  Pending Transactions: There are subsequent transactions that depend on the corporate action you are trying to reverse.
  Linked Activities: The corporate action may have been linked to other financial activities, such as settlements, postings, or other corporate actions.
  System Constraints: The system is designed to prevent reversals that could lead to inconsistencies in financial reporting or data integrity.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check for Follow-Up Activities:
  
  Review the corporate action in question