How To Fix 64153 - Specify category of corporate action

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 153

• Message text: Specify category of corporate action

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64153 - Specify category of corporate action ?

  The SAP error message 64153, "Specify category of corporate action," typically occurs in the context of financial transactions, particularly when dealing with corporate actions such as dividends, stock splits, mergers, or other events that affect the ownership or value of securities.
  Cause:
  This error usually arises when a user attempts to process a corporate action without specifying the required category. The system needs to know the type of corporate action being processed to apply the correct rules and calculations. The absence of this information can lead to confusion and incorrect processing of financial data.
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Identify the Transaction: Determine which transaction or process you were attempting to execute when the error occurred.
  
  
  Specify the Corporate Action Category:
  
  Navigate to the relevant screen where you are entering the corporate action details.
  Look for a field labeled "Corporate Action Category" or similar.
  Select the appropriate category from the available options. Common categories include:
  
  Dividend
  Stock Split
  Rights Issue
  Merger
  Other relevant corporate actions
  
  
  
  
  
  Check Configuration: If you are unsure about the categories available or if the field is missing, you may need to check the configuration settings in your SAP system. This may involve:
  
  Consulting with your SAP administrator or financial module expert.
  Ensuring that the corporate action categories are properly defined in the system.
  
  
  
  Re-attempt the Transaction: After specifying the category, try to execute the transaction again.
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files related to corporate actions for more detailed guidance on the specific categories and their implications.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Training: Ensure that users involved in processing corporate actions are adequately trained on the importance of specifying the correct categories and the implications of corporate actions on financial reporting.
  
  If the problem persists after following these steps, it may be beneficial to consult with SAP support or your internal IT team for further assistance.