How To Fix FTR_FORWARDS044 - You can advance the maturity for a maximum of &1 units

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 044

• Message text: You can advance the maturity for a maximum of &1 units

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_FORWARDS044 - You can advance the maturity for a maximum of &1 units ?

  The SAP error message FTR_FORWARDS044 indicates that you are trying to advance the maturity of a financial instrument (such as a forward contract) beyond the allowed limit. The message specifies that you can only advance the maturity for a maximum of &1 units, where &1 is a placeholder for the specific limit set in the system.
  Cause:
  
  Limit Exceeded: The primary cause of this error is that the maturity date you are trying to set is beyond the maximum allowable limit defined in the system for that particular financial instrument.
  Configuration Settings: The limits for advancing maturity may be configured in the system based on business rules or regulatory requirements.
  Instrument Type: Different types of financial instruments may have different rules regarding maturity advancement.
  
  Solution:
  
  Check Current Maturity: Review the current maturity date of the financial instrument and the new maturity date you are trying to set.
  Adjust Maturity Date: Ensure that the new maturity date does not exceed the maximum limit specified in the error message. You may need to select a date that is within the allowed range.
  Review Configuration: If you believe the limit is too restrictive, consult with your SAP administrator or financial team to review the configuration settings for maturity advancement. They may need to adjust the limits if appropriate.
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for specific rules regarding maturity advancement for the type of financial instrument you are working with.
  
  Related Information:
  
  Transaction Codes: You may be using transaction codes related to financial instruments, such as FTR_EDIT or FTR_CREATE.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional guidance.
  User Roles: Ensure that you have the necessary permissions to make changes to the maturity dates of financial instruments.
  Testing: If changes are made to the configuration, conduct thorough testing to ensure that the new settings work as intended without causing other issues.
  
  If the problem persists after following these steps, it may be beneficial to reach out to your SAP support team for further assistance.