How To Fix FTR_LC075 - Only accepted presentations can be settled

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 075

• Message text: Only accepted presentations can be settled

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC075 - Only accepted presentations can be settled ?

  The SAP error message FTR_LC075: Only accepted presentations can be settled typically occurs in the context of financial transactions, particularly when dealing with financial instruments or derivatives in SAP's Treasury and Risk Management module. This error indicates that the system is trying to settle a financial transaction that has not been accepted or is not in a valid state for settlement.
  Causes:
  
  Presentation Status: The financial transaction may not have been accepted or may be in a status that does not allow for settlement. This could be due to various reasons, such as missing approvals or incomplete documentation.
  Incorrect Transaction Type: The transaction type may not be configured correctly, or the transaction may not be eligible for settlement based on its characteristics.
  Data Inconsistencies: There may be inconsistencies in the data related to the transaction, such as missing or incorrect information in the relevant fields.
  System Configuration: The system configuration for the financial instruments may not allow for the settlement of certain presentations.
  
  Solutions:
  
  Check Presentation Status: Verify the status of the financial transaction. Ensure that it has been accepted and is in a state that allows for settlement. You may need to review the approval process or any prerequisites that need to be fulfilled.
  Review Transaction Type: Ensure that the transaction type is correctly configured and that it is eligible for settlement. You may need to consult with your SAP administrator or financial team to confirm this.
  Correct Data Issues: Review the transaction details for any missing or incorrect information. Make sure all required fields are filled out correctly and that the data is consistent.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on the transaction type you are working with. This may provide insights into any additional requirements for settlement.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with SAP experts who can provide more tailored assistance based on your specific configuration and setup.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to Treasury and Risk Management, such as FTR_EDIT (to edit financial transactions) or FTR_LIST (to list financial transactions).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide patches or updates that address known issues.
  User Roles and Authorizations: Ensure that the user attempting to settle the transaction has the necessary roles and authorizations to perform the action.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.