How To Fix FWTR070 - 'Without accrued interest' indicator is set

SAP Error Message - Details

• Message type: E = Error

• Message class: FWTR - Securities Transaction Management

• Message number: 070

• Message text: 'Without accrued interest' indicator is set

What causes this issue?

An accrued interest flow was deleted manually and the payment amount
was set to 0.

System Response

The 'without accrued interest' indicator is set.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FWTR070 - 'Without accrued interest' indicator is set ?

  The SAP error message FWTR070, which states that the "Without accrued interest" indicator is set, typically occurs in the context of financial transactions involving interest calculations, particularly in the area of treasury and risk management or financial accounting.
  Cause:
  The error message FWTR070 is triggered when a transaction is being processed that requires interest calculations, but the "Without accrued interest" indicator is activated. This means that the system is instructed not to consider accrued interest for the transaction, which can lead to inconsistencies or errors in the financial calculations.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Transaction Settings: Review the settings of the transaction that is causing the error. Ensure that the "Without accrued interest" indicator is set correctly based on the requirements of the transaction.
  
  
  Adjust Indicator: If the transaction should include accrued interest, you may need to deactivate the "Without accrued interest" indicator. This can usually be done in the transaction details or configuration settings.
  
  
  Review Configuration: If this error occurs frequently, it may be worth reviewing the configuration settings in the SAP system related to interest calculations. Ensure that the settings align with your organization's financial policies and practices.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the transaction type you are working with. This can provide insights into how the "Without accrued interest" indicator is intended to function.
  
  
  Seek Help from SAP Support: If the issue persists and you are unable to resolve it, consider reaching out to SAP support or your internal SAP team for further assistance. They may have additional insights or solutions based on your specific system configuration.
  
  
  Related Information:
  
  Transaction Types: Understand the specific transaction types that are affected by this indicator, as different types may have different requirements for interest calculations.
  Interest Calculation Methods: Familiarize yourself with the various methods of interest calculation used in your SAP system, as this can impact how transactions are processed.
  User Roles and Permissions: Ensure that the user processing the transaction has the appropriate permissions to modify transaction settings, including the accrued interest indicator.
  
  By following these steps, you should be able to address the FWTR070 error and ensure that your financial transactions are processed correctly.