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

FTR_TREA514 - Overview

• 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.

FTR_TREA514 - Details

• 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