How To Fix FTR_FORWARDS050 - Check the forward rate/price

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 050

• Message text: Check the forward rate/price

What causes this issue?

The forward price may be incorrect.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Calculate the forward price:
Forward purchase
Forward price = spot price + costs + interest - dividend
Forward sale
Forward price = spot price - costs + interest - dividend
<ZK>Note:</>
The dividend flow takes into account the actual dividend (?active?
status). If the actual dividend is not available, the scheduled dividend
is taken into account.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_FORWARDS050 - Check the forward rate/price ?

  The SAP error message FTR_FORWARDS050 ("Check the forward rate/price") typically occurs in the context of financial transactions involving forward contracts, particularly in the area of treasury and risk management. This error indicates that there is an issue with the forward rate or price that has been entered or calculated in the system.
  Causes:
  
  Incorrect Forward Rate/Price: The forward rate or price entered may not be valid or may not meet the required criteria for the transaction.
  Missing Configuration: There may be missing or incorrect configuration settings in the system related to the financial instruments or market data.
  Market Data Issues: The market data used to calculate the forward rate may be outdated or not available.
  Currency Pair Issues: The currency pair involved in the transaction may not have a defined forward rate in the system.
  Data Entry Errors: Manual entry errors when inputting the forward rate or price.
  
  Solutions:
  
  Verify Forward Rate/Price: Check the forward rate or price entered in the transaction. Ensure it is accurate and corresponds to the current market conditions.
  Update Market Data: Ensure that the market data is up to date. If necessary, refresh or update the market data in the system.
  Check Configuration: Review the configuration settings for the financial instruments in the SAP system. Ensure that all necessary settings are correctly defined.
  Review Currency Pair: Confirm that the currency pair involved in the transaction has a valid forward rate defined in the system.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling forward rates and prices.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with forward contracts, such as FTR_EDIT (to edit financial transactions) or FTR_CREATE (to create new financial transactions).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or updates.
  Training and Documentation: Ensure that users involved in entering forward rates are adequately trained and have access to documentation on how to correctly input this data.
  
  By addressing the potential causes and following the suggested solutions, you should be able to resolve the FTR_FORWARDS050 error in SAP.