How To Fix FTR_GUI377 - Early repayment not permitted if interest is capitalized

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_GUI - TR Transaction Management

• Message number: 377

• Message text: Early repayment not permitted if interest is capitalized

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_GUI377 - Early repayment not permitted if interest is capitalized ?

  The SAP error message FTR_GUI377 indicates that an early repayment of a financial transaction (such as a loan or lease) is not permitted because the interest on that transaction has been capitalized. This typically occurs in the context of financial instruments managed within the SAP system, particularly in the area of Treasury and Risk Management.
  Cause:
  The error arises when:
  
  A financial transaction has been set up with capitalized interest, meaning that the interest is added to the principal amount rather than being paid out as cash.
  The system does not allow for early repayment of such transactions because the capitalized interest is considered part of the total amount owed, and the repayment process needs to account for this.
  
  Solution:
  To resolve this error, you can consider the following approaches:
  
  
  Check Transaction Settings: Review the settings of the financial transaction to confirm if it is indeed set up for capitalized interest. If it is not necessary for the interest to be capitalized, you may need to adjust the transaction settings.
  
  
  Repayment Options: If early repayment is required, you may need to explore alternative options:
  
  Wait for Maturity: If possible, wait until the scheduled maturity date to make the repayment.
  Consult with Finance Team: Discuss with your finance or treasury team to understand the implications of changing the transaction structure or to explore if there are any exceptions that can be made.
  
  
  
  Adjust Capitalization: If the capitalization of interest is not required, you may need to adjust the transaction to allow for regular interest payments instead of capitalizing them.
  
  
  SAP Notes and Documentation: Check SAP Notes or documentation for any specific guidelines or updates related to this error message. Sometimes, there may be patches or updates that address specific issues.
  
  
  Transaction Type Review: Ensure that the transaction type used allows for early repayment. Some transaction types may have restrictions based on their configuration.
  
  
  Related Information:
  
  SAP Modules: This error is typically encountered in the SAP Treasury and Risk Management (TRM) module.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit financial transactions) and FTR_CREATE (to create new financial transactions).
  Documentation: Refer to SAP Help documentation for detailed information on managing financial transactions and understanding the implications of capitalized interest.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Treasury and Risk Management for further assistance.