How To Fix FTR_LC147 - Collateral amount is greater than transaction amount

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 147

• Message text: Collateral amount is greater than transaction amount

What causes this issue?

INCLUDE 'CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

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

System Response

How to fix this error?

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_LC147 - Collateral amount is greater than transaction amount ?

  The SAP error message FTR_LC147 indicates that the collateral amount specified in a transaction exceeds the transaction amount itself. This error typically occurs in the context of financial transactions involving collateral management, such as loans, derivatives, or other financial instruments where collateral is required to secure the transaction.
  Cause:
  
  Incorrect Data Entry: The collateral amount may have been entered incorrectly, either manually or through an automated process.
  Transaction Amount Miscalculation: The transaction amount may have been calculated incorrectly, leading to a situation where the collateral amount appears to be greater.
  Business Logic: The business rules or logic governing the transaction may require that the collateral amount cannot exceed the transaction amount for risk management purposes.
  
  Solution:
  
  Verify Input Values: Check the collateral amount and the transaction amount entered in the system. Ensure that the collateral amount is less than or equal to the transaction amount.
  Adjust Collateral Amount: If the collateral amount is indeed greater than the transaction amount, adjust it to comply with the business rules.
  Review Transaction Details: Look into the details of the transaction to ensure that all amounts are correctly calculated and entered.
  Consult Documentation: Review any relevant documentation or guidelines related to collateral management in your organization to ensure compliance with policies.
  System Configuration: If the error persists and the amounts seem correct, it may be necessary to check the system configuration or settings related to collateral management. This may involve consulting with your SAP administrator or technical team.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions to common problems.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to collateral management, such as FTR_CREATE (Create Financial Transaction) or FTR_EDIT (Edit Financial Transaction).
  User Roles and Permissions: Ensure that the user has the appropriate roles and permissions to enter or modify collateral amounts in the system.
  Training and Support: If users frequently encounter this error, consider providing additional training on how to properly enter transaction and collateral amounts.
  
  By following these steps, you should be able to resolve the error and ensure that your collateral management processes function smoothly.