How To Fix FTVV_MESSAGES174 - Immediate settlement selected in spite of settlement item

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 174

• Message text: Immediate settlement selected in spite of settlement item

What causes this issue?

Although there is a condition item for repayment settlement, you have
flagged the indicator "Immediate Settlement". Note that if the
"Immediate Settlement" indicator is set, this takes priority.

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?

Check that the entries are correct.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES174 - Immediate settlement selected in spite of settlement item ?

  The SAP error message FTVV_MESSAGES174 indicates that an immediate settlement has been selected for a transaction that has a settlement item associated with it. This situation typically arises in the context of financial transactions, particularly in asset accounting or project systems where settlements are involved.
  Cause:
  The error occurs when:
  
  You attempt to perform an immediate settlement on a transaction that has already been defined with a settlement item.
  The system expects that the transaction should be settled through the defined settlement item rather than immediately.
  
  Solution:
  To resolve this error, you can consider the following steps:
  
  
  Check the Transaction Type: Verify if the transaction type you are using allows for immediate settlement. Some transaction types may require a settlement item to be processed.
  
  
  Review Settlement Items: Look at the details of the transaction to see if there are any existing settlement items. If there are, you may need to process the settlement through those items instead of opting for immediate settlement.
  
  
  Adjust Settings: If immediate settlement is necessary, you may need to adjust the configuration settings in the system to allow for immediate settlements without settlement items. This may involve changes in the configuration of the relevant modules (like Asset Accounting or Project Systems).
  
  
  Consult Documentation: Refer to SAP documentation or help files related to the specific module you are working with. This can provide insights into the expected behavior and configuration settings.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific system configuration and business processes.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in reviewing or adjusting settlements, such as ABZOL for asset transactions or CJ88 for project settlements.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional context or patches that could resolve the issue.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to perform the actions you are attempting, as restrictions may also lead to errors.
  
  By following these steps, you should be able to identify the root cause of the error and implement a suitable solution.