How To Fix FVER038 - Exercise price is missing for warrant &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 038

• Message text: Exercise price is missing for warrant &1

What causes this issue?

The exercise price for the warrant with ID number &v1& is missing.

How to fix this error?

To exercise rights connected to the warrant, you must first enter the
missing data in the class data.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVER038 - Exercise price is missing for warrant &1 ?

  The SAP error message FVER038, which states "Exercise price is missing for warrant &1," typically occurs in the context of financial instruments, particularly when dealing with warrants in the SAP system. This error indicates that the system is unable to find the exercise price for a specific warrant, which is essential for processing transactions related to that warrant.
  Cause:
  
  Missing Data: The exercise price for the specified warrant has not been entered in the system. This could be due to incomplete data entry during the creation of the warrant or missing updates.
  Incorrect Configuration: The configuration settings for the financial instrument may not be set up correctly, leading to missing mandatory fields.
  Data Migration Issues: If data was migrated from another system, the exercise price may not have been transferred correctly.
  Warrant Not Fully Defined: The warrant may not have been fully defined in the system, lacking necessary attributes like the exercise price.
  
  Solution:
  
  
  Check Warrant Master Data: Navigate to the warrant master data in SAP and verify if the exercise price is entered. If it is missing, you will need to enter the correct exercise price.
  
  Transaction codes like FTR_EDIT or FTR_CREATE can be used to edit or create financial instruments.
  
  
  
  Update Configuration: If the exercise price is a required field in your configuration, ensure that the configuration settings are correct. You may need to consult with your SAP configuration team to verify this.
  
  
  Data Migration Review: If the error occurred after a data migration, review the migration process to ensure that all necessary fields, including the exercise price, were included and correctly mapped.
  
  
  Consult Documentation: Refer to SAP documentation or help files for specific instructions on how to manage warrants and their attributes, including exercise prices.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  Related Information:
  
  Warrants: A warrant is a financial instrument that gives the holder the right to purchase the underlying asset at a specified price before expiration.
  Exercise Price: The exercise price (or strike price) is the price at which the holder can buy the underlying asset.
  SAP Financial Services: This error is often encountered in the context of SAP's Financial Services module, which deals with various financial instruments and their management.
  
  By addressing the missing exercise price and ensuring that all necessary data is correctly entered and configured, you should be able to resolve the FVER038 error.