Change Counterparty - Financial Transaction
Application component: Treasury and Risk Management
App type: SAP GUI
Scope items: Foreign Currency Risk Management|Debt and Investment Management
Description:  Under usual circumstances, it is not possible to change the counterparty of a financial transaction. However, some circumstances may arise in which it becomes necessary to replace the counterparty. You use this program in such exceptional cases.  If you use Trade Repository Reporting (TRR), the system creates a trade repository object (TARO) with the action type 40Error or 45Notice and a TARO with the action type 10New. In this function, you specify in the Trade Repository Reporting area the type of notification that you would like to communicate the change in business partner to the trade repository. You also specify here the external transaction ID that is used by the financial transaction after novation.  If, when novation is performed, the financial transaction has not yet been reported to the trade repository (and consequently there is no TARO with the status Sent for this financial transaction), only the existing TARO is updated.  
Key features:  The program replaces the counterparty of the financial transaction as well as the payment details and all relevant transaction flows.  Selection    General Selections  You use the following criteria for specify the financial transactions for which you want to replace the counterparty (business partner in role "0151 Counterparty"):    Company Code    Financial Transaction    Product Type    Transaction Type    Business Partner      Control    In the New Partner field, you specify the business partner that you want to be the new counterparty of the financial transaction.    In the Change Effective From field, enter the date from which the change in counterparty is effective.    If you set the Keep Payment Details of Previous Partner checkbox in the Payment Details, the payment details in the financial transaction are not changed.    You can execute the program first in a test run. To do so, set the relevant checkbox and execute the program.  When you run the program as an update run, the system saves the changes to the business partner in table TRTM_CHG_PARTNER.  You can use the program Display Financial Transactions with Changed Counterparty (transaction TRTM_CHG_PARTNER_DIS) to find all financial transactions for which the counterparty has been changed.    In the Trade Repository Reporting area, you first decide how you would like to communicate to the trade repository the change in counterparty in the financial transaction. You can choose between sending a TARO with action type 40Error or a TARO with action type 45Notice.  Further, you can choose between the following options regarding the external trade ID:    New external trade ID  If you already know the new external trade ID of the financial transaction, you can enter it directly for the specific trade repository.    Delete External Trade ID  Select this option if the financial transaction needs to acquire a new external trade ID after novation but you do not yet know the new external trade ID. The system then deletes the assignment of the existing external trade ID for the financial transaction. If you have set up the use of an interim trade ID in Customizing for Trade Repository Reporting, the system generates an interim trade ID and assigns it to the financial transaction.    Keep External Trade ID  Select this option if the financial transaction needs to retain the existing external trade ID.    In addition to the error/notice TARO, the system generates a TARO with the action type 10New. This TARO then contains the changed financial transaction data.      Output  The program issues a results list using the SAP List Viewer for SAP GUI (Classic). This list contains all affected financial transactions and shows the previous counterparty and the new counterparty.  
Business roles: Treasury Specialist - Back Office
Treasury Specialist - Back Office : 
Processes financial transactions, sends confirmation to counterparties, imports market data and runs the valuation.

Treasury Risk Manager : 
Manages all the company's treasury activities. Uses evaluation reports to ensure that the various strategies defined for trading, market risk management, limit management, and cash management have been observed.

Treasury Specialist - Front Office : 
Concludes and manages financial transactions to hedge foreign exchange and interest rate risks.