How To Fix FTR_SL008 - You cannot terminate a fixed-term securities lending

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_SL - Messages: Securities Lending

• Message number: 008

• Message text: You cannot terminate a fixed-term securities lending

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_SL008 - You cannot terminate a fixed-term securities lending ?

  The SAP error message FTR_SL008, which states "You cannot terminate a fixed-term securities lending," typically occurs in the context of managing securities lending transactions within the SAP system. This error indicates that there is an attempt to terminate a fixed-term securities lending agreement before its maturity date, which is not allowed.
  Cause:
  
  Fixed-Term Nature: The securities lending transaction is set up as a fixed-term agreement, meaning it has a predetermined start and end date. Terminating it before the end date violates the terms of the agreement.
  Incorrect Transaction Type: The user may be trying to perform an operation that is not applicable to fixed-term securities lending, such as early termination.
  System Configuration: There may be specific configurations or settings in the SAP system that restrict the termination of fixed-term agreements.
  
  Solution:
  
  Check Agreement Terms: Review the terms of the securities lending agreement to confirm that it is indeed a fixed-term agreement and understand the conditions under which it can be terminated.
  Wait for Maturity: If the agreement is fixed-term, you will need to wait until the maturity date to terminate the agreement properly.
  Consult Documentation: Refer to the SAP documentation or user manuals related to securities lending to understand the correct procedures for managing fixed-term agreements.
  Contact Support: If you believe that the termination should be allowed due to specific circumstances, consider reaching out to your SAP support team or consulting with a financial expert who understands the implications of securities lending in your organization.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing securities lending, such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY.
  SAP Notes: Check for any SAP Notes related to securities lending that might provide additional insights or updates regarding this error message.
  User Roles and Permissions: Ensure that you have the appropriate permissions to perform actions related to securities lending in SAP, as restrictions may be in place based on user roles.
  
  By understanding the nature of the fixed-term securities lending agreement and following the appropriate procedures, you can effectively manage and resolve issues related to this error message in SAP.