How To Fix FTR_FORWARDS117 - Dividend Adjustment activity cannot be used with bonds

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_FORWARDS - Messages for Forwards and Futures

• Message number: 117

• Message text: Dividend Adjustment activity cannot be used with bonds

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_FORWARDS117 - Dividend Adjustment activity cannot be used with bonds ?

  The SAP error message FTR_FORWARDS117 indicates that there is an issue with attempting to perform a dividend adjustment activity on a bond transaction. This error typically arises in the context of financial instruments management within SAP, particularly in the area of treasury and risk management.
  Cause:
  The error occurs because dividend adjustments are not applicable to bonds. Bonds are fixed-income securities that pay interest (coupons) rather than dividends, which are typically associated with equity securities (stocks). When the system detects an attempt to apply a dividend adjustment to a bond, it triggers this error message.
  Solution:
  To resolve this error, you should consider the following steps:
  
  
  Verify the Transaction Type: Ensure that you are not mistakenly trying to apply a dividend adjustment to a bond transaction. Review the transaction type and confirm that it is appropriate for the financial instrument you are working with.
  
  
  Use Appropriate Adjustments: If you need to make adjustments related to bonds, look for the correct type of adjustment that is applicable to bonds, such as interest accruals or coupon payments, rather than dividend adjustments.
  
  
  Check Configuration: If you believe that the adjustment should be valid for your specific scenario, check the configuration settings in SAP. Ensure that the system is set up correctly to handle the types of financial instruments you are working with.
  
  
  Consult Documentation: Review SAP documentation or help resources related to treasury and risk management to understand the limitations and functionalities associated with bond transactions.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific configuration and requirements.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context on handling bond transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing bonds and other financial instruments, such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY.
  Training and Documentation: Consider training sessions or documentation on SAP Treasury and Risk Management to better understand the functionalities and limitations of the system.
  
  By following these steps, you should be able to address the error and proceed with your financial transactions appropriately.