How To Fix FTR_LC150 - Trade Finance Category field must be filled

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 150

• Message text: Trade Finance Category field must be filled

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC150 - Trade Finance Category field must be filled ?

  The SAP error message FTR_LC150 indicates that the "Trade Finance Category" field must be filled in the context of a financial transaction, particularly in the area of trade finance. This error typically arises when you are trying to create or process a financial transaction related to letters of credit, guarantees, or similar trade finance instruments, and the required field has not been populated.
  Cause:
  
  Missing Data: The "Trade Finance Category" field is mandatory for the transaction you are trying to process, and it has not been filled in.
  Configuration Issues: There may be configuration settings in the SAP system that require this field to be filled for certain transaction types.
  User Input Error: The user may have overlooked this field while entering data.
  
  Solution:
  
  Fill the Field: Go to the transaction where the error occurred and ensure that the "Trade Finance Category" field is filled with the appropriate value. This may involve selecting a category from a dropdown list or entering a specific code.
  Check Configuration: If you are unsure about what value to enter, consult with your SAP administrator or the person responsible for configuring the trade finance module. They can provide guidance on the valid categories and ensure that the system is set up correctly.
  Review Documentation: Refer to the SAP documentation or user manuals related to trade finance to understand the requirements for the "Trade Finance Category" field.
  Training: If this is a recurring issue, consider providing additional training for users on how to properly fill out the necessary fields in trade finance transactions.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with the relevant transaction codes in SAP for trade finance, such as FTR_CREATE for creating financial transactions.
  Field Help: Use the field help (F1) in SAP to get more information about the "Trade Finance Category" field, including its purpose and valid entries.
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message. Sometimes, there may be patches or updates that address specific problems.
  User Roles: Ensure that the user has the appropriate roles and authorizations to access and fill in the required fields in the trade finance module.
  
  By addressing the missing data and ensuring proper configuration, you should be able to resolve the FTR_LC150 error and proceed with your transaction.