How To Fix FTR_TEX1622 - Time to Maturity will be initialized

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TEX1 - Messages for raw exposures

• Message number: 622

• Message text: Time to Maturity will be initialized

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_TEX1622 - Time to Maturity will be initialized ?

  The SAP error message FTR_TEX1622 indicates that the "Time to Maturity will be initialized." This message typically arises in the context of financial transactions, particularly when dealing with financial instruments such as derivatives or bonds in the SAP Treasury and Risk Management module.
  Cause:
  The error message usually occurs due to one of the following reasons:
  
  
  Missing or Incorrect Data: The system may not have the necessary data to calculate the time to maturity for a financial instrument. This could be due to missing maturity dates or incorrect settings in the financial transaction.
  
  
  Configuration Issues: There may be configuration issues in the system related to the financial instruments or the valuation methods being used.
  
  
  Inconsistent Data: The data in the system may be inconsistent, such as having a maturity date that is earlier than the current date or other logical inconsistencies.
  
  
  Solution:
  To resolve the error message FTR_TEX1622, you can take the following steps:
  
  
  Check Financial Instrument Data:
  
  Verify that all required fields for the financial instrument are filled out correctly, especially the maturity date.
  Ensure that the maturity date is valid and in the future relative to the current date.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings for the financial instruments in the SAP system. Ensure that the valuation methods and parameters are set up correctly.
  If necessary, consult with your SAP configuration team to ensure that the settings align with your business requirements.
  
  
  
  Data Consistency Check:
  
  Perform a data consistency check to identify any discrepancies in the financial transaction data.
  Use transaction codes like FTR_EDIT or FTR_DISPLAY to review the details of the financial transaction and make any necessary corrections.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to the specific financial instruments you are working with. There may be specific guidelines or known issues that can provide further insight.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for assistance. They may have additional insights or patches that can resolve the issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT, FTR_DISPLAY, and FTR_CREATE for managing financial transactions.
  SAP Notes: Search for SAP Notes related to FTR_TEX1622 in the SAP Support Portal for any specific fixes or updates.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, providing additional context or solutions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.