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

FVER053 - Overview

• 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