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

FVER055 - Overview

• 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