How To Fix FTR_SL401 - Transaction can only be created as a contract

FTR_SL401 - Overview

• Message type: E = Error

• Message class: FTR_SL - Messages: Securities Lending

• Message number: 401

• Message text: Transaction can only be created as a contract

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_SL401 - Transaction can only be created as a contract ?

  The SAP error message FTR_SL401 indicates that a transaction cannot be created because it must be established as a contract. This error typically occurs in the context of financial transactions, particularly in the area of Treasury and Risk Management (TRM) within SAP.
  
  Cause:
  The error arises when you attempt to create a transaction (such as a financial deal or derivative) that is expected to be linked to a contract, but the system identifies that the necessary contract information is missing or not properly configured. This can happen due to several reasons:
  
  Missing Contract: The transaction you are trying to create does not have an associated contract.
  Incorrect Transaction Type: The transaction type you are using may not be compatible with the creation of a standalone transaction.
  
  Configuration Issues: There may be configuration settings in the system that require transactions to be linked to contracts.
  Authorization Issues: The user may not have the necessary permissions to create