How To Fix FTR_LOANS029 - Company code &1, loan &2: Error when districuting derived business ops.

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_LOANS - Link Between the Loans Component and the Treasury Ledger

• Message number: 029

• Message text: Company code &1, loan &2: Error when districuting derived business ops.

What causes this issue?

In the course of the contract currency changeover to the euro, the
derived business operations need to be calculated again within parallel
position management. However, it is not possible to do this for the
existing loan here.

System Response

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

How to fix this error?

Call the function for generating derived business operations within
parallel position management.

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_LOANS029 - Company code &1, loan &2: Error when districuting derived business ops. ?

  The SAP error message FTR_LOANS029 typically occurs in the context of loan management within the SAP system, specifically when there is an issue with distributing derived business operations for a loan. This error can arise due to various reasons, and understanding the cause and potential solutions is essential for resolving it.
  Cause:
  
  Configuration Issues: There may be incorrect or incomplete configuration settings in the loan management module.
  Missing Master Data: Required master data for the loan or company code may be missing or incorrectly maintained.
  Posting Period Issues: The posting period may be closed, preventing any further postings or distributions.
  Inconsistent Data: There may be inconsistencies in the data related to the loan, such as incorrect amounts or missing entries.
  Authorization Issues: The user may not have the necessary authorizations to perform the distribution.
  
  Solution:
  
  Check Configuration: Review the configuration settings for loan management in the SAP system. Ensure that all necessary settings are correctly defined.
  Verify Master Data: Ensure that all required master data for the company code and loan is complete and accurate. This includes checking loan agreements, customer/vendor data, and any related financial data.
  Check Posting Period: Verify that the posting period is open for the transactions you are trying to process. If it is closed, you may need to open it or post in a different period.
  Review Data Consistency: Check for any inconsistencies in the loan data. This may involve reviewing the loan amounts, interest rates, and any other relevant financial information.
  Authorization Check: Ensure that the user has the necessary authorizations to perform the distribution. If not, contact your SAP security administrator to grant the required permissions.
  Error Logs: Check the application logs (transaction SLG1) for more detailed error messages that can provide additional context on the issue.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit loans) and FTR_LIST (to list loans) for managing loan data.
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may address specific issues related to this error message.
  Documentation: Review SAP documentation related to loan management for best practices and troubleshooting steps.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Services for further assistance.