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

FTR_GUI221 - Overview

• 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 This means that the partner is no longer valid for new transactions or operations as of the specified end date.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