How To Fix FVER053 - Date for 'start of conversion period' missing for convertible bond &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 053

• Message text: Date for 'start of conversion period' missing for convertible bond &1

What causes this issue?

The start date of the conversion period for the convertible bond with
ID number &V1& is missing.

How to fix this error?

To convert the bond, you must first enter the missing date 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 FVER053 - Date for 'start of conversion period' missing for convertible bond &1 ?

  The SAP error message FVER053 indicates that there is a missing date for the "start of conversion period" for a convertible bond in the system. This error typically arises in the context of financial instruments, particularly when dealing with convertible bonds that can be converted into equity or other securities.
  Cause:
  The error occurs when the system expects a date to be defined for the start of the conversion period for a convertible bond, but this date is either not entered or is missing in the relevant configuration or master data. This can happen due to:
  
  Incomplete Master Data: The master data for the convertible bond may not have been fully maintained.
  Configuration Issues: The configuration settings for the financial instrument may not be set up correctly.
  Data Migration Issues: If data was migrated from another system, the conversion period dates may not have been transferred correctly.
  
  Solution:
  To resolve the FVER053 error, you can take the following steps:
  
  
  Check Master Data:
  
  Navigate to the relevant transaction for maintaining the master data of the convertible bond (e.g., transaction code FTR_EDIT for financial transactions).
  Ensure that the "start of conversion period" date is correctly entered in the bond's details.
  
  
  
  Review Configuration:
  
  Check the configuration settings for convertible bonds in the SAP system. This may involve reviewing the settings in the Financial Instruments configuration (transaction code SPRO).
  Ensure that all necessary fields related to the conversion period are properly configured.
  
  
  
  Data Entry:
  
  If the date is missing, enter the appropriate start date for the conversion period. This date should reflect when the bondholders can start converting their bonds into shares or other securities.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to financial instruments and convertible bonds for any specific requirements or guidelines.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Seek Help:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial instruments.
  
  
  
  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 transaction codes related to financial instruments, such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY.
  User Manuals: Refer to user manuals or training materials specific to your organization's SAP implementation for more context on managing convertible bonds.
  
  By following these steps, you should be able to identify and correct the issue causing the FVER053 error in your SAP system.