How To Fix 64302 - Corporate action successfully reversed

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 302

• Message text: Corporate action successfully reversed

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64302 - Corporate action successfully reversed ?

  The SAP error message 64302, which states "Corporate action successfully reversed," typically indicates that a corporate action (such as a stock split, dividend payment, or rights issue) that was previously processed has been reversed successfully. This message is not necessarily an error but rather an informational message indicating that the reversal process has been completed.
  Cause:
  
  Reversal of Corporate Action: The primary cause of this message is the execution of a reversal transaction for a corporate action that was previously recorded in the system.
  User Action: A user or automated process initiated the reversal, possibly due to an error in the original corporate action processing or a change in the corporate action details.
  
  Solution:
  Since this message indicates a successful reversal, no immediate action is required unless there are further issues or discrepancies in the corporate action records. However, if you need to address any concerns related to this message, consider the following steps:
  
  Verify Corporate Action Records: Check the corporate action records to ensure that the reversal has been processed correctly and that the financial data reflects the intended state.
  Review Related Transactions: Look into any related transactions that may have been affected by the reversal to ensure consistency across the system.
  Communicate with Stakeholders: If the reversal impacts other departments or stakeholders, communicate the changes to ensure everyone is aware of the updated status.
  Reprocess if Necessary: If the reversal was not intended or if the original corporate action needs to be reapplied, you may need to reprocess the corporate action.
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files related to corporate actions and their processing to understand the implications of reversals.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to corporate actions, such as those for creating, modifying, or reversing corporate actions.
  Support: If you encounter further issues or if the reversal has led to unexpected results, consider reaching out to your SAP support team or consulting with an SAP expert for assistance.
  
  In summary, the message 64302 indicates a successful reversal of a corporate action, and while it does not signify an error, it is essential to verify that all related processes and records are accurate and up to date.