How To Fix FTR_LC003 - Not all presentations are settled

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_LC - Message class for Letter of Credit

• Message number: 003

• Message text: Not all presentations are settled

What causes this issue?

You want to terminate the L/C, but it still contains presentations with
a status other than <LS>Settled</>.
INCLUDE 'CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX
The application area is <ZH>FTR_LC</>, and the message number is <ZH>003
</>.

System Response

If this message is set as a warning message, you can still terminate the
L/C. If this message is set as an error message, you cannot terminate
the L/C.

How to fix this error?

Set all presentations of the L/C to <LS>Settled</>.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC003 - Not all presentations are settled ?

  The SAP error message FTR_LC003: Not all presentations are settled typically occurs in the context of financial transactions, particularly when dealing with financial instruments or derivatives in the SAP system. This error indicates that there are pending presentations (or transactions) that have not been fully settled, which can prevent further processing.
  Causes:
  
  Pending Settlements: There are one or more presentations related to the financial instrument that have not been settled yet.
  Incomplete Data: Required data for the settlement process may be missing or incomplete.
  Incorrect Configuration: The configuration settings for the financial instruments or the settlement process may not be correctly set up.
  Transaction Status: The status of the transaction may not allow for settlement (e.g., it may be in a locked state or marked for deletion).
  Dependencies: There may be dependencies on other transactions that need to be settled first.
  
  Solutions:
  
  
  Check Pending Presentations: Review the presentations related to the financial instrument to identify which ones are pending settlement. You can do this by navigating to the relevant transaction in SAP and checking the status of the presentations.
  
  
  Complete Required Data: Ensure that all necessary data for the settlement process is complete. This may involve checking the master data or transaction data associated with the financial instrument.
  
  
  Review Configuration: Verify the configuration settings for the financial instruments and the settlement process. Ensure that they are set up correctly according to your organization's requirements.
  
  
  Update Transaction Status: If the transaction is in a locked state or marked for deletion, you may need to unlock it or change its status to allow for settlement.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and the context in which it occurs.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit financial transactions) or FTR_LIST (to list financial transactions) to help diagnose the issue.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  User Roles and Authorizations: Ensure that the user has the necessary roles and authorizations to perform settlement actions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.