How To Fix FTR_LOANS064 - Company code &1 is locked due to initialization of the parallel areas

FTR_LOANS064 - Overview

• Message type: E = Error

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

• Message number: 064

• Message text: Company code &1 is locked due to initialization of the parallel areas

Self-Explanatory Message

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FTR_LOANS064 - Details

• The SAP error message FTR_LOANS064 indicates that a specific company code is locked due to the initialization of parallel areas in the context of financial transactions, particularly related to loans and financial instruments. This typically occurs in the SAP Treasury and Risk Management module.
  
  Cause:
  The error arises when the system is trying to perform operations on a company code that is currently locked because it is undergoing initialization processes for parallel areas. This can happen during the setup of new parallel accounting areas or when changes are being made to existing configurations that require the company code to be locked temporarily.
  
  Solution:
  To resolve this issue, you can follow these steps:
  
  
  Check Lock Status: Verify if the company code is indeed locked. You can do this by checking the relevant transaction codes or tables that manage company code statuses.
  
  
  Wait for Initialization to Complete: If the company code is locked due to ongoing initialization, you