How To Fix FVER056 - Currency of premium missing when converting convertible bond &1

FVER056 - Overview

• Message type: E = Error

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

• Message number: 056

• Message text: Currency of premium missing when converting convertible bond &1

What causes this issue?

The currency of the premium for converting the bond with ID number &V1&
is missing.

How to fix this error?

To convert the bond, 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 FVER056 - Currency of premium missing when converting convertible bond &1 ?

  The SAP error message FVER056 indicates that there is a missing currency for the premium when converting a convertible bond. This error typically arises during the processing of convertible bonds in the SAP system, particularly when trying to convert the bond into shares or when calculating the premium associated with the conversion.
  
  Cause:
  
  Missing Currency Configuration: The currency for the premium may not be defined in the system for the specific convertible bond.
  Data Entry Error: There may be an oversight in the data entry where the currency for the premium was not specified.
  Master Data Issues: The master data for the convertible bond may be incomplete or incorrectly configured, leading to missing currency information.
  Inconsistent Currency Settings: There may be inconsistencies in the currency settings between the bond and the associated financial instruments.
  
  
  Solution:
  
  Check Master Data: Review the master data for the convertible bond to ensure that all necessary fields, including the currency for the