How To Fix FVER024 - No. units smaller than minimum exercise: &1 or not multiple thereof

SAP Error Message - Details

• Message type: E = Error

• Message class: FVER - Message Class for Executable Security Rights

• Message number: 024

• Message text: No. units smaller than minimum exercise: &1 or not multiple thereof

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVER024 - No. units smaller than minimum exercise: &1 or not multiple thereof ?

  The SAP error message FVER024 indicates that there is an issue with the number of units specified for an exercise in a financial transaction, such as an option or a derivative. The message states that the number of units is either smaller than the minimum required or not a multiple of the minimum exercise size.
  Cause:
  
  Minimum Exercise Size: Each financial instrument may have a defined minimum exercise size. If the number of units you are trying to exercise is below this minimum, the error will occur.
  Non-Multiple of Minimum Size: If the number of units is not a multiple of the minimum exercise size, the system will also trigger this error. For example, if the minimum exercise size is 100 units, trying to exercise 150 units would be acceptable, but 125 units would not.
  Incorrect Configuration: The configuration of the financial instrument in the system may not be set up correctly, leading to discrepancies in the minimum exercise size.
  
  Solution:
  
  Check Minimum Exercise Size: Verify the minimum exercise size for the financial instrument you are working with. This information can usually be found in the instrument's master data or configuration settings.
  Adjust Number of Units: Ensure that the number of units you are trying to exercise meets the minimum requirement and is a multiple of that minimum. For example, if the minimum is 100, you can exercise 100, 200, 300, etc.
  Review Configuration: If you believe the minimum exercise size is incorrect, review the configuration settings for the financial instrument in SAP. You may need to consult with your SAP administrator or financial team to make necessary adjustments.
  Consult Documentation: Refer to SAP documentation or help resources for specific details related to the financial instrument you are working with.
  
  Related Information:
  
  Transaction Codes: Depending on your SAP version, you may use transaction codes like FTR_EDIT or FTR_CREATE to manage financial transactions.
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message.
  User Roles: Ensure that you have the appropriate permissions to execute the transaction you are attempting, as restrictions may also lead to errors.
  
  If the problem persists after following these steps, consider reaching out to your SAP support team for further assistance.