How To Fix 64118 - Percentage-quoted securities can only have a percentage price deviation

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 118

• Message text: Percentage-quoted securities can only have a percentage price deviation

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64118 - Percentage-quoted securities can only have a percentage price deviation ?

  The SAP error message 64118, which states "Percentage-quoted securities can only have a percentage price deviation," typically occurs in the context of financial transactions involving securities that are quoted as a percentage of their nominal value. This error indicates that there is an issue with the price deviation settings for a security that is quoted in percentage terms.
  Cause:
  The error is triggered when:
  
  A security that is quoted as a percentage (e.g., bonds or other financial instruments) is being processed with a price deviation that is not expressed as a percentage.
  The system expects the price deviation to be defined in percentage terms, but it has been provided in absolute terms (e.g., currency values).
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Security Configuration:
  
  Go to the configuration settings for the specific security in question.
  Ensure that the security is correctly set up as a percentage-quoted security.
  
  
  
  Review Price Deviation Settings:
  
  Verify the price deviation settings in the transaction or document you are processing.
  Make sure that any price deviations are specified as percentages rather than absolute currency amounts.
  
  
  
  Adjust Transaction Data:
  
  If you are entering a transaction manually, double-check the fields where you input price deviations.
  Correct any entries that are not in percentage format.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidelines on handling percentage-quoted securities and their price deviations.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  Transaction Codes: Familiarize yourself with transaction codes related to securities management in SAP, such as:
  
  FTR_EDIT: For editing financial transactions.
  FTR_CREATE: For creating new financial transactions.
  
  
  Training and Documentation: Ensure that users involved in processing securities are trained on the correct procedures for handling percentage-quoted securities.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary corrections to resolve it.