How To Fix T1130 - Currency swap indicator not set

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 130

• Message text: Currency swap indicator not set

What causes this issue?

When the product types were maintained during customizing, no entry was
made to indicate whether this product type is a currency swap.

How to fix this error?

Contact your customizing administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1130 - Currency swap indicator not set ?

  The SAP error message T1130, "Currency swap indicator not set," typically occurs in the context of financial transactions involving currency swaps or foreign currency transactions. This error indicates that the system expects a currency swap indicator to be set for a particular transaction, but it is not configured correctly.
  Cause:
  
  Missing Configuration: The currency swap indicator may not be set in the relevant configuration settings for the transaction type or the specific financial document.
  Transaction Type: The transaction type being processed may require a currency swap indicator, but it has not been defined in the system.
  Master Data Issues: The master data for the relevant financial instruments or accounts may not have the necessary settings for currency swaps.
  Incorrect Document Type: The document type being used may not support currency swaps, leading to this error.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for the relevant financial module (e.g., Financial Accounting, Treasury).
  Ensure that the currency swap indicator is properly configured for the transaction type you are working with.
  
  
  
  Set Currency Swap Indicator:
  
  If you are creating or processing a transaction that requires a currency swap, ensure that the currency swap indicator is set in the transaction details.
  This can often be done in the transaction entry screen or through the relevant configuration settings.
  
  
  
  Review Master Data:
  
  Check the master data for the accounts or financial instruments involved in the transaction. Ensure that they are set up to handle currency swaps.
  Update the master data if necessary to include the currency swap indicator.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to currency swaps and the specific transaction type you are working with. This may provide additional insights into the requirements for setting the currency swap indicator.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may be used for managing currency swaps, such as those in the Treasury module (e.g., transaction codes for managing financial instruments).
  SAP Notes: Check for any SAP Notes related to currency swaps and the specific error message. SAP Notes often provide fixes or workarounds for known issues.
  Training and Documentation: Consider training sessions or documentation on financial transactions in SAP, particularly those involving foreign currencies and swaps, to better understand the requirements and configurations.
  
  By following these steps, you should be able to resolve the T1130 error and successfully process your currency swap transactions in SAP.