How To Fix FTR_GUI221 - Partner &1 cannot be used, as per end of term &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_GUI - TR Transaction Management

• Message number: 221

• Message text: Partner &1 cannot be used, as per end of term &2

What causes this issue?

Partner &V1& cannot be used for transactions since it is not assigned
a valid role as from the "end of the term of the transaction" &V2&.
The role defines the partner as the counterparty.

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?

Use a different partner with the valid role of "Counterparty" or
assign the role of "Counterparty" to partner &V1&, or extend the
validity of this role.

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_GUI221 - Partner &1 cannot be used, as per end of term &2 ?

  The SAP error message FTR_GUI221 indicates that a specific partner (in this case, represented by &1) cannot be used due to the end of term date (represented by &2). This error typically occurs in the context of financial transactions, particularly in the area of treasury and risk management, where partners (such as banks or counterparties) are associated with financial instruments or transactions.
  Cause:
  The error is caused by the fact that the partner you are trying to use has an end of term date that has already passed. This means that the partner is no longer valid for new transactions or operations as of the specified end date. This could happen due to various reasons, such as:
  
  The partner's contract or agreement has expired.
  The partner has been deactivated or removed from the system.
  The end of term date was set incorrectly or has not been updated.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Partner Status: Verify the status of the partner in the system. Ensure that the partner is active and has not been deactivated or marked for termination.
  
  
  Review End of Term Date: Check the end of term date for the partner. If the date is incorrect or needs to be extended, you may need to update it in the system.
  
  
  Update Partner Information: If the partner is still valid and should be used, update the partner's details in the system to reflect the correct end of term date.
  
  
  Consult with Relevant Departments: If you are unsure about the partner's status or the implications of changing the end of term date, consult with your finance or treasury department for guidance.
  
  
  Create a New Partner: If the partner is indeed no longer valid and cannot be used, consider creating a new partner entry in the system for future transactions.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as BP (Business Partner) to view or edit partner details.
  Documentation: Refer to SAP documentation or help files related to business partners and treasury management for more detailed instructions on managing partner data.
  User Roles: Ensure that you have the necessary permissions to make changes to partner data in the SAP system.
  
  By following these steps, you should be able to resolve the FTR_GUI221 error and continue with your financial transactions.