How To Fix FTR_LC162 - Presentation function is not supported for standby letters of credit

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 162

• Message text: Presentation function is not supported for standby letters of credit

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC162 - Presentation function is not supported for standby letters of credit ?

  The SAP error message FTR_LC162 indicates that the presentation function is not supported for standby letters of credit (SBLC). This error typically arises in the context of financial transactions involving letters of credit in the SAP system, particularly when dealing with the functionality related to the presentation of documents.
  Cause:
  The error occurs because the system is trying to execute a presentation function that is not applicable to standby letters of credit. Standby letters of credit are different from traditional letters of credit in that they are typically used as a guarantee of payment rather than a means of facilitating a trade transaction. As such, certain functions that are available for regular letters of credit may not be available for standby letters of credit.
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check Transaction Type: Ensure that you are using the correct transaction type for standby letters of credit. Review the configuration settings in the SAP system to confirm that the transaction type is set up correctly.
  
  
  Review Documentation: If you are attempting to perform a presentation function, verify whether it is necessary for standby letters of credit. If it is not applicable, you may need to adjust your process accordingly.
  
  
  Consult SAP Documentation: Refer to the SAP documentation or help files related to the Financial Services module, specifically for letters of credit. This can provide insights into the limitations and functionalities available for standby letters of credit.
  
  
  Configuration Settings: Check the configuration settings in the SAP system for letters of credit. You may need to consult with your SAP administrator or a functional consultant to ensure that the system is configured correctly for the type of letter of credit you are working with.
  
  
  Error Handling: If the error persists, consider implementing error handling in your process to manage situations where unsupported functions are invoked.
  
  
  SAP Support: If you are unable to resolve the issue through the above steps, consider reaching out to SAP support for further assistance. They can provide specific guidance based on your system configuration and version.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide updates and patches that could resolve the issue.
  User Forums: Engage with SAP user forums or communities where other users may have encountered similar issues and can share their solutions.
  Training: If your team frequently works with letters of credit, consider training sessions to better understand the functionalities and limitations of the SAP system regarding these financial instruments.
  
  By following these steps, you should be able to address the FTR_LC162 error and ensure that your processes involving standby letters of credit are functioning correctly.