How To Fix 64066 - Security price is & lower than stipulated maximum margin

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 066

• Message text: Security price is & lower than stipulated maximum margin

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64066 - Security price is & lower than stipulated maximum margin ?

  The SAP error message 64066, which states "Security price is & lower than stipulated maximum margin," typically occurs in the context of financial transactions, particularly when dealing with securities and margin requirements in SAP's Financial Services or Banking modules.
  Cause:
  This error indicates that the price of a security being processed is lower than the maximum margin limit that has been set in the system. This can happen due to various reasons, such as:
  
  Market Fluctuations: The market price of the security has dropped significantly, leading to a situation where the current price is below the stipulated maximum margin.
  Configuration Settings: The maximum margin settings in the system may be configured too tightly, not allowing for sufficient price fluctuations.
  Data Entry Errors: Incorrect data entry for the security price or margin settings can lead to this error.
  Regulatory Changes: Changes in regulations or internal policies regarding margin requirements may not have been updated in the system.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Security Price: Verify the current market price of the security in question. If it has indeed dropped, you may need to reassess your margin requirements.
  
  
  Review Margin Settings: Check the configuration settings for maximum margin in the SAP system. If they are too restrictive, consider adjusting them to allow for more flexibility.
  
  
  Update Security Information: If the price is correct and the margin settings are appropriate, ensure that all relevant security information is up to date in the system.
  
  
  Consult with Financial Analysts: If you are unsure about the margin requirements or the implications of changing them, consult with financial analysts or compliance officers within your organization.
  
  
  System Configuration: If necessary, involve your SAP Basis or technical team to review the configuration settings in the system to ensure they align with current market practices and regulatory requirements.
  
  
  Documentation and Training: Ensure that all users involved in entering or processing securities are adequately trained and that documentation is available to prevent future occurrences of this error.
  
  
  Related Information:
  
  SAP Notes and Documentation: Check SAP Notes for any known issues or patches related to this error message. SAP's support portal may have additional insights or updates.
  User Forums and Communities: Engage with SAP user communities or forums where similar issues may have been discussed, and solutions shared.
  Regulatory Guidelines: Stay informed about any changes in financial regulations that may affect margin requirements for securities.
  
  By following these steps, you should be able to identify the root cause of the error and implement a suitable solution.