How To Fix FTR_LC143 - Termination date cannot be before cash collateral consumption date &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 143

• Message text: Termination date cannot be before cash collateral consumption date &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC143 - Termination date cannot be before cash collateral consumption date &1 ?

  The SAP error message FTR_LC143 indicates that there is a conflict between the termination date of a financial transaction and the cash collateral consumption date. Specifically, the termination date cannot be set before the cash collateral consumption date, which is a critical constraint in the system to ensure that financial transactions are processed correctly and that collateral is managed appropriately.
  Cause:
  
  Incorrect Date Entry: The termination date for a financial transaction (like a loan or derivative) has been entered incorrectly, falling before the cash collateral consumption date.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the dates.
  Business Logic Violation: The business rules defined in the system require that the termination date must always be on or after the cash collateral consumption date to ensure proper financial management.
  
  Solution:
  
  Check Dates: Review the termination date and the cash collateral consumption date. Ensure that the termination date is set to a date that is on or after the cash collateral consumption date.
  Adjust Dates: If the termination date is incorrect, update it to a valid date. If the cash collateral consumption date is incorrect, adjust it accordingly.
  Consult Documentation: Refer to the relevant SAP documentation or configuration settings to understand the business rules governing these dates.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with a functional expert who can provide guidance based on your specific configuration and business processes.
  
  Related Information:
  
  Transaction Types: This error is often related to financial transactions such as loans, derivatives, or other financial instruments that involve cash collateral.
  SAP Modules: This error may be encountered in modules related to Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM).
  Configuration Settings: Review the configuration settings in the SAP system related to cash management and collateral management to ensure they align with your business processes.
  
  By addressing the date conflict and ensuring compliance with the business rules, you should be able to resolve the error and proceed with your financial transactions.