How To Fix CMMFSA_SUB_ACCOUNT023 - Enter Market Identifier Code (MIC)

SAP Error Message - Details

• Message type: E = Error

• Message class: CMMFSA_SUB_ACCOUNT - Commodity Derivative Order & Trade Execution : Sub Account

• Message number: 023

• Message text: Enter Market Identifier Code (MIC)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMMFSA_SUB_ACCOUNT023 - Enter Market Identifier Code (MIC) ?

  The SAP error message CMMFSA_SUB_ACCOUNT023, which prompts the user to "Enter Market Identifier Code (MIC)," typically occurs in the context of financial transactions or asset management within SAP systems, particularly when dealing with securities or financial instruments.
  Cause:
  The error is triggered when a user attempts to perform an action that requires a Market Identifier Code (MIC), but the MIC is either missing or not entered in the relevant field. The MIC is a unique code used to identify stock exchanges and other trading venues, and it is essential for processing transactions related to securities.
  Solution:
  To resolve this error, follow these steps:
  
  
  Identify the Transaction: Determine which transaction or process you are trying to execute when the error occurs.
  
  
  Locate the MIC Field: In the relevant transaction screen, look for the field where the Market Identifier Code (MIC) should be entered. This is often found in the sections related to securities, trading, or financial instruments.
  
  
  Enter the MIC: Input the appropriate MIC for the market you are dealing with. If you are unsure of the correct MIC, you may need to consult a list of MICs or your organization's financial department for guidance.
  
  
  Validate the Entry: After entering the MIC, ensure that it is valid and corresponds to the correct market for the transaction you are processing.
  
  
  Retry the Transaction: Once the MIC is entered, attempt to execute the transaction again to see if the error persists.
  
  
  Related Information:
  
  
  Market Identifier Code (MIC): A standardized code used to identify trading venues. It is defined by ISO 10383 and is essential for ensuring that transactions are processed correctly in the financial markets.
  
  
  SAP Documentation: Refer to SAP's official documentation or help resources for more detailed information on the specific transaction you are working with and how to handle MICs.
  
  
  User Roles and Authorizations: Ensure that your user role has the necessary permissions to enter and modify MICs in the system.
  
  
  Consult with IT Support: If the issue persists after following the above steps, it may be beneficial to consult with your organization's IT support or SAP functional consultant for further assistance.
  
  
  By following these steps, you should be able to resolve the CMMFSA_SUB_ACCOUNT023 error and successfully complete your transaction.