How To Fix FTR_MIR104 - The currency pairs of the swap do not match

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_MIR - Messages for Mirror Transactions

• Message number: 104

• Message text: The currency pairs of the swap do not match

What causes this issue?

A currency swap consists of a spot transaction and a forward
transaction.
Example:
Currency 1 is sold at the spot rate and repurchased at the forward
rate.
Currency 1 is bought at the spot rate and sold at the forward rate.
In both cases, the currency pairs must match.

How to fix this error?

Check the currencies entered.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_MIR104 - The currency pairs of the swap do not match ?

  The SAP error message FTR_MIR104 indicates that there is a mismatch in the currency pairs of a swap transaction. This typically occurs in the context of financial instruments, particularly in the management of derivatives or swaps where two currencies are involved.
  Cause:
  The error arises when the currency pairs specified in the swap transaction do not align correctly. For example, if you have a swap that is supposed to exchange currency A for currency B, but the system finds that the transaction is set up to exchange currency A for currency C instead, it will trigger this error.
  Possible Reasons for the Error:
  
  Incorrect Configuration: The swap transaction may have been incorrectly configured with mismatched currencies.
  Data Entry Error: There may have been a mistake during data entry, leading to the selection of the wrong currency.
  Inconsistent Master Data: The master data for the financial instruments may not be consistent, leading to mismatches in currency pairs.
  System Settings: The system settings or parameters for currency pairs may not be correctly defined.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check the Swap Configuration:
  
  Review the swap transaction details to ensure that the correct currency pairs are specified.
  Ensure that the transaction is set up to exchange the intended currencies.
  
  
  
  Verify Data Entry:
  
  Double-check the data entered for the swap transaction to ensure that there are no typographical errors or incorrect selections.
  
  
  
  Review Master Data:
  
  Check the master data for the financial instruments involved in the swap to ensure that the currency pairs are correctly defined and consistent.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on configuring currency pairs in swap transactions.
  
  
  
  System Configuration:
  
  If necessary, consult with your SAP system administrator or a financial consultant to review the system settings related to currency pairs and ensure they are correctly configured.
  
  
  
  Testing:
  
  After making corrections, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing financial instruments, such as FTR_CREATE (Create Financial Transaction) or FTR_EDIT (Edit Financial Transaction).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that users have the appropriate roles and permissions to create and manage swap transactions.
  
  By following these steps, you should be able to identify and correct the cause of the FTR_MIR104 error in your SAP system.