How To Fix FTR_FORWARDS050 - Check the forward rate/price

FTR_FORWARDS050 - Overview

• 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.

FTR_FORWARDS050 - Details

• 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  Market Data Issues: The market data used to calculate the forward rate may be outdated or not available.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