How To Fix FTR_TREA514 - &1: Clearing procedure missing or not supported

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TREA - Messages for TREA

• Message number: 514

• Message text: &1: Clearing procedure missing or not supported

What causes this issue?

Clearing procedure is missing or is not supported by the novation BAdI

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

You need to enter a valid clearing procedure.
Procedures supported by the novation BAdI are:
<NP>0</> <LS>Approve</>
<NP>1</> <LS>Reject</>
<NP>5</> <LS>Change Clearing Partner</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TREA514 - &1: Clearing procedure missing or not supported ?

  The SAP error message FTR_TREA514 indicates that there is a problem with the clearing procedure in the context of financial transactions, particularly in treasury management. This error typically arises when the system cannot find a suitable clearing procedure for the transaction you are trying to process.
  Cause:
  
  Missing Clearing Procedure: The clearing procedure that is required for the transaction is not defined in the system.
  Unsupported Clearing Procedure: The clearing procedure defined may not be supported for the type of transaction you are attempting to execute.
  Configuration Issues: There may be configuration issues in the treasury management settings that prevent the system from recognizing the appropriate clearing procedure.
  Transaction Type: The transaction type you are using may not be compatible with the clearing procedures available in the system.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP for Treasury Management (Transaction code: SPRO).
  Navigate to the relevant section for defining clearing procedures and ensure that the necessary procedures are set up correctly.
  
  
  
  Define Clearing Procedures:
  
  If the required clearing procedure is missing, you may need to define it. This can typically be done in the customizing settings under Treasury Management.
  Ensure that the clearing procedure is linked to the appropriate transaction types.
  
  
  
  Review Transaction Type:
  
  Verify that the transaction type you are using is compatible with the clearing procedures defined in the system.
  If necessary, adjust the transaction type or select a different one that aligns with the available clearing procedures.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Treasury Management and clearing procedures for additional guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and procedures, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), FTR_EDIT (Edit Financial Transaction), and others that may help in troubleshooting.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or updates.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.