How To Fix 64516 - No securities account assigned yet. Posting not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 516

• Message text: No securities account assigned yet. Posting not possible

What causes this issue?

The current purchase has not yet been assigned to a securities account.
It is absolutely necessary to do this before you can perform posting.

How to fix this error?

Assign the purchase to a securities account using the relevant function
or choose the function 'Save without posting' to save the purchase
until the securities account is known.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 64516 - No securities account assigned yet. Posting not possible ?

  The SAP error message "64516 No securities account assigned yet. Posting not possible" typically occurs in the context of financial transactions involving securities, such as when trying to post a transaction related to securities without having a securities account assigned to the relevant business partner or financial transaction.
  Cause:
  
  Missing Securities Account: The primary cause of this error is that the system does not have a securities account assigned to the relevant entity (e.g., a business partner, customer, or vendor) in the system.
  Configuration Issues: There may be issues in the configuration of the securities accounts in the SAP system, such as incorrect settings or missing entries.
  Data Inconsistencies: There could be inconsistencies in the master data related to securities accounts, such as missing or incorrect information.
  
  Solution:
  
  
  Assign a Securities Account:
  
  Navigate to the relevant master data (e.g., business partner or vendor) in the SAP system.
  Ensure that a valid securities account is assigned to the entity. This can typically be done in the master data maintenance transaction (e.g., transaction code BP for business partners).
  If you are using a specific module (like SAP S/4HANA), ensure that the securities account is correctly set up in the relevant configuration settings.
  
  
  
  Check Configuration:
  
  Review the configuration settings for securities accounts in the SAP system. This may involve checking the settings in the Financial Accounting (FI) or Treasury modules.
  Ensure that the necessary configuration for securities accounts is completed, including account types, account groups, and any relevant settings.
  
  
  
  Data Validation:
  
  Validate the master data for any inconsistencies or missing information. Ensure that all required fields are filled out correctly.
  If necessary, consult with your SAP administrator or functional consultant to review the data and configuration.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs and that postings can be made successfully.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  BP for Business Partner maintenance.
  OB52 for maintaining posting periods.
  OBA5 for managing document types.
  
  
  
  Documentation: Refer to SAP documentation or help resources for detailed guidance on managing securities accounts and related configurations.
  
  
  Support: If the issue persists after following the above steps, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  By addressing the missing securities account and ensuring proper configuration, you should be able to resolve the error and proceed with your postings.