How To Fix FVER055 - Premium missing when converting convertible bond &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 055

• Message text: Premium missing when converting convertible bond &1

What causes this issue?

Convertible bond with ID number &V1& has no premium for converting it
into a stock.

How to fix this error?

To convert the bond, you must first enter the premium 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 FVER055 - Premium missing when converting convertible bond &1 ?

  The SAP error message FVER055 indicates that there is a missing premium when converting a convertible bond. This error typically arises during the conversion process of a convertible bond into equity or another financial instrument. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Premium Data: The premium associated with the convertible bond is not defined in the system. This could be due to incorrect or incomplete master data for the bond.
  Configuration Issues: The configuration settings for convertible bonds in the SAP system may not be set up correctly, leading to the system not recognizing the premium.
  Data Entry Errors: There may be errors in the data entry for the bond or the conversion transaction, leading to the absence of the premium information.
  Inconsistent Data: The data in the system may be inconsistent, such as missing entries in related tables that store premium information.
  
  Solution:
  
  Check Master Data: Verify the master data for the convertible bond to ensure that the premium is correctly defined. This includes checking the bond's characteristics and ensuring that all necessary fields are filled out.
  Review Configuration: Check the configuration settings in the SAP system related to convertible bonds. Ensure that the premium settings are correctly configured in the relevant customizing transactions (e.g., SPRO).
  Data Entry Verification: Review the transaction data entered for the conversion process. Ensure that all required fields are filled out correctly and that there are no typos or omissions.
  Consult Documentation: Refer to SAP documentation or help resources for guidance on handling convertible bonds and premiums. This may provide insights into any specific requirements or settings that need to be addressed.
  System Update: If the issue persists, consider checking for any available updates or patches for your SAP system that may address known issues related to convertible bonds.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or fixes related to the FVER055 error. SAP Notes often provide specific guidance on resolving common errors.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FTR_EDIT: For editing financial transactions.
  FTR_CREATE: For creating financial transactions.
  
  
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  Consult SAP Support: If the issue cannot be resolved internally, consider reaching out to SAP support for assistance.
  
  By following these steps, you should be able to identify the cause of the FVER055 error and implement a solution to resolve it.