How To Fix FTR_TRADE_REP012 - Not possible to change trade repository objects that were already sent


SAP Error Message - Details

  • Message type: E = Error

  • Message class: FTR_TRADE_REP - Trade Repository

  • Message number: 012

  • Message text: Not possible to change trade repository objects that were already sent

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message FTR_TRADE_REP012 - Not possible to change trade repository objects that were already sent ?

    The SAP error message FTR_TRADE_REP012 indicates that there is an attempt to change trade repository objects that have already been sent to the trade repository. This typically occurs in the context of financial transactions, particularly in the area of derivatives and other financial instruments that are reported to a trade repository for compliance and regulatory purposes.

    Cause:

    1. Sent Objects: The primary cause of this error is that the object (e.g., a trade or transaction) has already been reported to the trade repository. Once an object is sent, it is generally considered finalized and cannot be modified.
    2. Data Integrity: This restriction is in place to maintain data integrity and compliance with regulatory requirements, as changing reported data could lead to discrepancies and legal issues.

    Solution:

    1. Check Status: Verify the status of the trade repository object. If it has already been sent, you will need to create a new entry or amendment rather than modifying the existing one.
    2. Create Amendment: If changes are necessary, consider creating an amendment or correction entry that reflects the required changes instead of altering the original object.
    3. Consult Documentation: Review the SAP documentation or guidelines related to trade repository reporting to understand the correct procedures for handling such situations.
    4. Contact Support: If you are unsure how to proceed or if the error persists despite following the correct procedures, consider reaching out to SAP support or your internal SAP team for assistance.

    Related Information:

    • Trade Repository: A trade repository is a centralized database that stores records of trades in financial instruments. It is used for regulatory reporting and compliance.
    • SAP Financial Services: This error is often encountered in the context of SAP's financial services solutions, particularly those dealing with treasury and risk management.
    • Regulatory Compliance: Understanding the regulatory framework applicable to your organization is crucial, as it dictates how trade data should be reported and managed.

    Best Practices:

    • Documentation: Maintain thorough documentation of all trades and any changes made to them.
    • Training: Ensure that users involved in trade reporting are adequately trained on the processes and restrictions related to trade repository submissions.
    • Regular Audits: Conduct regular audits of trade repository submissions to ensure compliance and identify any potential issues early.

    By following these guidelines, you can effectively manage the error and ensure compliance with trade reporting requirements.

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