How To Fix FTR_GENERAL450 - Minimum retention period of transaction & is not reached


SAP Error Message - Details

  • Message type: E = Error

  • Message class: FTR_GENERAL - Common messages for Correspondence object

  • Message number: 450

  • Message text: Minimum retention period of transaction & is not reached

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  • What is the cause and solution for SAP error message FTR_GENERAL450 - Minimum retention period of transaction & is not reached ?

    The SAP error message FTR_GENERAL450 indicates that a financial transaction does not meet the minimum retention period required for certain financial instruments or transactions in the SAP system. This error typically arises in the context of financial transactions, particularly in Treasury and Risk Management (TRM) modules, where specific retention periods are enforced for compliance and reporting purposes.

    Cause:

    The error occurs when you attempt to perform an action (such as closing, modifying, or deleting a transaction) on a financial transaction that has not yet reached its minimum retention period. The retention period is defined in the system settings and is meant to ensure that transactions are retained for a specified duration for auditing and regulatory compliance.

    Solution:

    To resolve the error, you can consider the following steps:

    1. Check Retention Period Settings:

      • Review the configuration settings for the retention period in the SAP system. This can typically be found in the customizing settings for Treasury and Risk Management.
      • Navigate to the relevant configuration path (e.g., SPRO -> Financial Supply Chain Management -> Treasury and Risk Management -> Transaction Management -> Define Retention Periods).
    2. Verify Transaction Dates:

      • Check the transaction date of the affected financial transaction. Ensure that the transaction has been in the system long enough to meet the minimum retention period.
    3. Wait for Retention Period to Elapse:

      • If the transaction is still within the retention period, you may need to wait until the minimum retention period has elapsed before performing the desired action.
    4. Consult Documentation:

      • Review SAP documentation or help files related to the specific financial instrument or transaction type to understand the retention period requirements.
    5. Contact SAP Support:

      • If you believe the retention period settings are incorrect or if you need further assistance, consider reaching out to SAP support or your internal SAP support team for guidance.

    Related Information:

    • Retention Period: This is a predefined duration during which financial transactions must be retained in the system. It is often set based on legal, regulatory, or organizational requirements.
    • Transaction Types: Different types of financial transactions (e.g., derivatives, loans, investments) may have different retention period requirements.
    • Compliance: Ensuring compliance with financial regulations is critical, and retention periods are often part of these compliance measures.

    By following these steps, you should be able to address the FTR_GENERAL450 error and understand the implications of retention periods in your SAP environment.

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