How To Fix 64447 - Corporate action category and corporate action type not consistent

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 447

• Message text: Corporate action category and corporate action type not consistent

Self-Explanatory Message

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• What is the cause and solution for SAP error message 64447 - Corporate action category and corporate action type not consistent ?

  The SAP error message 64447, which states "Corporate action category and corporate action type not consistent," typically occurs in the context of managing corporate actions in SAP systems, particularly in the Financial Services sector. This error indicates that there is a mismatch between the corporate action category and the corporate action type that has been defined in the system.
  Cause:
  
  Inconsistent Configuration: The corporate action category and type may not be properly configured in the system. Each corporate action type should correspond to a specific category, and if they do not match, this error will be triggered.
  Data Entry Errors: Incorrect data entry when creating or modifying corporate actions can lead to inconsistencies.
  Missing Customization: If the corporate action types and categories have not been customized or defined correctly in the system, this can lead to inconsistencies.
  Updates or Changes: Changes in the corporate action definitions or updates to the system that have not been properly reflected in the configuration can also cause this error.
  
  Solution:
  
  
  Check Configuration: Review the configuration settings for corporate action categories and types in the SAP system. Ensure that each type is correctly assigned to its corresponding category.
  
  Navigate to the relevant customizing transaction (e.g., SPRO) and check the settings under Financial Services > Securities > Corporate Actions.
  
  
  
  Correct Data Entry: If the error occurred due to incorrect data entry, correct the entries in the relevant transaction. Ensure that the corporate action type selected matches the category defined in the system.
  
  
  Review Customization: If you have custom corporate action types or categories, ensure that they are properly defined and linked. You may need to consult with your SAP administrator or a functional consultant to verify this.
  
  
  Testing: After making changes, test the corporate action processing again to ensure that the error has been resolved.
  
  
  Consult Documentation: Refer to SAP documentation or notes related to corporate actions for any specific guidelines or updates that may affect your configuration.
  
  
  Seek Support: If the issue persists, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OAC3: For customizing corporate action types.
  OAC4: For customizing corporate action categories.
  
  
  Training and Documentation: Ensure that users involved in corporate action processing are adequately trained and have access to documentation that outlines the correct procedures and configurations.
  
  By following these steps, you should be able to identify and resolve the inconsistency causing the SAP error message 64447.