Message type: E = Error
Message class: 64 - Treasury Management: Securities
Message number: 441
Message text: Specify type of corporate action
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64441
- Specify type of corporate action ?The SAP error message 64441, "Specify type of corporate action," typically occurs in the context of financial transactions, particularly when dealing with corporate actions such as stock splits, dividends, 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 type of corporate action. The system needs this information to determine how to handle the transaction correctly. The absence of this specification can lead to confusion in processing and reporting.
Solution: To resolve this error, follow these steps: Identify the Transaction: Determine which corporate action you are trying to process. This could be a dividend payment, stock split, rights issue, etc. Specify the Corporate Action Type: Navigate to the relevant transaction screen where the corporate action is being processed. Look for a field or dropdown menu that allows you to specify the type of corporate action. Select the appropriate type
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