How To Fix FTR_SL055 - Total of cash collateral in payment currency &1 is negative for &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_SL - Messages: Securities Lending

• Message number: 055

• Message text: Total of cash collateral in payment currency &1 is negative for &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_SL055 - Total of cash collateral in payment currency &1 is negative for &2 ?

  The SAP error message FTR_SL055 indicates that there is an issue with the cash collateral in a financial transaction, specifically that the total amount of cash collateral in the payment currency is negative for a particular transaction or contract. This error typically arises in the context of financial instruments, such as derivatives or loans, where cash collateral is used to mitigate credit risk.
  Cause:
  
  Negative Cash Collateral: The primary cause of this error is that the total cash collateral amount has been calculated to be negative. This can happen due to incorrect postings, misconfigured collateral agreements, or errors in the underlying financial transactions.
  Incorrect Configuration: There may be issues with the configuration of the collateral management settings in SAP, leading to incorrect calculations.
  Data Entry Errors: Manual data entry errors in transaction details or collateral agreements can also lead to this issue.
  Currency Conversion Issues: If there are discrepancies in currency conversion rates or if the collateral is not properly valued in the payment currency, it can result in a negative total.
  
  Solution:
  
  Review Transaction Details: Check the details of the transaction or contract associated with the error. Ensure that all amounts are correctly entered and that there are no negative postings.
  Check Collateral Agreements: Review the collateral agreements to ensure they are set up correctly and that the amounts are accurate.
  Adjust Cash Collateral Amounts: If the cash collateral amounts are indeed incorrect, make the necessary adjustments to ensure that they reflect the correct values.
  Currency Settings: Verify the currency settings and ensure that the conversion rates are accurate. Make sure that the cash collateral is valued correctly in the payment currency.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling cash collateral and related transactions.
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with financial transactions and collateral management, such as FTR_CREATE, FTR_EDIT, or FTR_DISPLAY.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the FTR_SL055 error and implement the necessary corrections to resolve it.