How To Fix FTR_SL030 - Securities Account &1/&2 is not an asset securities account

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_SL - Messages: Securities Lending

• Message number: 030

• Message text: Securities Account &1/&2 is not an asset securities account

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.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_SL030 - Securities Account &1/&2 is not an asset securities account ?

  The SAP error message FTR_SL030 indicates that the specified securities account is not recognized as an asset securities account. This error typically arises in the context of financial transactions involving securities, such as when trying to post a transaction related to securities accounts that are not properly configured.
  Cause:
  
  Incorrect Account Type: The account specified in the error message is not set up as an asset securities account in the system. This could be due to incorrect configuration in the chart of accounts or the account master data.
  Account Configuration: The account may not have the necessary settings or attributes that classify it as an asset securities account.
  Transaction Type: The transaction being processed may require a specific type of securities account that is not being used.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the account master data in SAP and verify the settings for the securities account in question. Ensure that it is configured as an asset securities account.
  You can check this in the transaction code FS00 (G/L Account Master Record) and look for the account type and settings.
  
  
  
  Review Chart of Accounts:
  
  Ensure that the account is part of the correct chart of accounts and that it is designated for asset securities transactions.
  
  
  
  Adjust Transaction Type:
  
  If the transaction type requires a specific securities account, ensure that you are using the correct account that meets the requirements for the transaction.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team to understand the specific requirements for asset securities accounts in your configuration.
  
  
  
  Testing:
  
  After making any changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE (to create financial transactions) and FTR_EDIT (to edit financial transactions).
  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 access and modify securities accounts.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financials for further assistance.