How To Fix J3740 - Futures account & & does not exist

J3740 - Overview

• Message type: E = Error

• Message class: J3 - Dialog Messages for Data Pool Entry Transactions

• Message number: 740

• Message text: Futures account & & does not exist

What causes this issue?

The futures account does not yet exist in the system.
Note that in SEM Banking as from Release 4.62, in addition to the
securities account, you must also create a futures account for listed
derivates, using the same name as for the securities account.

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?

Maintain the futures account in transaction TPM4.

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 J3740 - Futures account & & does not exist ?

  The SAP error message J3740, which states "Futures account & & does not exist," typically occurs in the context of SAP's Commodity Management or Financial Accounting modules when dealing with futures contracts. This error indicates that the system is unable to find a specified futures account in the system.
  
  Cause:
  
  Missing Account: The futures account referenced in the transaction does not exist in the system. This could be due to a typo in the account number or the account not being created in the system.
  Incorrect Configuration: The configuration settings for futures accounts may not be set up correctly in the system.
  Data Migration Issues: If data was migrated from another system, some accounts may not have been transferred correctly.
  Authorization Issues: The user may not have the necessary permissions to access the futures account.
  
  
  Solution:
  
  
  Verify Account Existence:
  
  Check if the futures account number mentioned in the error message is correct.
  Use transaction codes like OB52 or FS00