How To Fix FWTR038 - There is a short position that is not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: FWTR - Securities Transaction Management

• Message number: 038

• Message text: There is a short position that is not permitted

What causes this issue?

There is a short position on &V2&. If this date falls before the
position value date of the current transaction, you can prevent the
short position from occurring by changing the position value date
accordingly.

System Response

The transaction cannot be entered in its present form.

How to fix this error?

To avoid a negative position, you have to purchase at least &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FWTR038 - There is a short position that is not permitted ?

  The SAP error message FWTR038, which states "There is a short position that is not permitted," typically occurs in the context of financial transactions, particularly in the area of treasury and risk management. This error indicates that a short position (i.e., a position where an asset is sold without owning it, expecting to buy it back later at a lower price) is not allowed based on the configuration or rules set in the system.
  Cause:
  
  Configuration Settings: The system may be configured to disallow short positions for certain financial instruments or accounts.
  Risk Management Rules: There may be specific risk management policies in place that prevent short selling to mitigate financial risk.
  Transaction Type: The type of transaction being executed may not support short positions.
  Account Restrictions: Certain accounts may have restrictions that do not allow for short selling.
  
  Solution:
  
  Review Configuration: Check the configuration settings in the SAP system related to treasury and risk management. Ensure that the settings allow for short positions if they are intended to be permitted.
  Adjust Risk Management Policies: If the organization’s risk management policies do not allow short positions, consider revising these policies if appropriate.
  Transaction Type Verification: Ensure that the transaction type being executed is compatible with short selling. If not, consider using a different transaction type.
  Account Review: Verify the account settings to ensure that the account being used allows for short positions. If necessary, adjust the account settings.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error message.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or patches related to this error.
  User Roles and Permissions: Ensure that the user executing the transaction has the necessary permissions to perform actions related to short positions.
  Training and Guidelines: Provide training or guidelines to users regarding the handling of short positions and the associated risks.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a financial expert familiar with your organization's specific setup and policies.