How To Fix FTR_SL003 - It is not defined for product type &1 if the lending is fixed-term

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_SL - Messages: Securities Lending

• Message number: 003

• Message text: It is not defined for product type &1 if the lending is fixed-term

Trados Memory = TR

What causes this issue?

Define in Product Type Customizing whether the securities lending is
fixed or open-ended. This information is missing for product type &v1&.

System Response

Further processing is not possible.

How to fix this error?

Specify in Customizing whether the securities lending is fixed or
open-ended.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_SL003 - It is not defined for product type &1 if the lending is fixed-term ?

  The SAP error message FTR_SL003 indicates that there is an issue with the configuration of a financial transaction, specifically related to the product type in the context of fixed-term lending. This error typically arises when the system cannot find a valid configuration for the specified product type in relation to the fixed-term lending setup.
  Cause:
  
  Missing Configuration: The product type specified in the transaction is not configured for fixed-term lending in the system.
  Incorrect Product Type: The product type used in the transaction may not be appropriate for fixed-term lending.
  Inconsistent Data: There may be inconsistencies in the master data or transaction data that lead to this error.
  Customizations: If there are custom developments or modifications in the system, they may not be aligned with the standard configurations.
  
  Solution:
  
  
  Check Product Type Configuration:
  
  Go to the configuration settings for financial transactions in SAP (Transaction code: SPRO).
  Navigate to the relevant section for product types and ensure that the product type in question is properly defined for fixed-term lending.
  
  
  
  Review Transaction Data:
  
  Verify the transaction data to ensure that the correct product type is being used.
  Check if the fixed-term lending parameters are correctly set up in the transaction.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to the specific product type and fixed-term lending to ensure compliance with the required settings.
  
  
  
  Check for Customizations:
  
  If there are custom developments, consult with your ABAP developer or SAP consultant to ensure that the custom code does not interfere with standard processing.
  
  
  
  Testing:
  
  After making any changes, perform testing to ensure that the error is resolved and that the transaction can be processed successfully.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE (Create Financial Transaction) and FTR_EDIT (Edit Financial Transaction) to troubleshoot and test.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to perform the transaction related to the product type.
  
  If the issue persists after following these steps, it may be beneficial to reach out to SAP support or consult with an SAP expert for further assistance.