How To Fix FTR_TEX1061 - No target currency; try to derive target currency for sub raw exposures

FTR_TEX1061 - Overview

• Message type: E = Error

• Message class: FTR_TEX1 - Messages for raw exposures

• Message number: 061

• Message text: No target currency; try to derive target currency for sub raw exposures

What causes this issue?

No target currency was provided.

System Response

The system tries to derive the target currency during sub raw exposure
creation. No FX risk is considered if the system cannot derive the
target currency.

How to fix this error?

Provide a target currency if the system cannot derive it.

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_TEX1061 - No target currency; try to derive target currency for sub raw exposures ?

  The SAP error message FTR_TEX1061 indicates that there is no target currency defined for a transaction or exposure in the context of financial instruments, particularly in the Treasury module. This error typically arises when the system is unable to determine the target currency for sub-raw exposures during the processing of financial transactions.
  
  Cause:
  
  Missing Target Currency: The primary cause of this error is that the target currency is not specified for the financial transaction or exposure.
  
  Configuration Issues: There may be configuration issues in the system where the target currency settings are not properly defined for the relevant financial instruments.
  Data Inconsistencies: There could be inconsistencies in the data related to the financial instruments, such as missing or incorrect currency settings in the master data.
  Exposure Types: The exposure types may not have been set up correctly, leading to the inability to derive the target currency.
  
  
  Solution:
  
  Define Target Currency: Ensure that the target currency is defined