How To Fix FVER058 - ID number of underlying security missing for convertible bond &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 058

• Message text: ID number of underlying security missing for convertible bond &1

What causes this issue?

The ID number of the underlying security is missing for the convertible
bond with ID number &V1&.

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 FVER058 - ID number of underlying security missing for convertible bond &1 ?

  The SAP error message FVER058 indicates that there is a missing ID number for the underlying security of a convertible bond in the system. This error typically arises in the context of financial instruments, particularly when dealing with convertible bonds, which are hybrid securities that can be converted into a predetermined number of the company's equity shares.
  Cause:
  The error can occur due to several reasons:
  
  Missing Data: The ID number for the underlying security (e.g., stock or equity) associated with the convertible bond has not been entered or is missing in the system.
  Incorrect Configuration: There may be issues with the configuration of the financial instruments in the SAP system, leading to missing links between the convertible bond and its underlying security.
  Data Migration Issues: If data was migrated from another system, there may have been errors or omissions during the migration process.
  
  Solution:
  To resolve the FVER058 error, you can take the following steps:
  
  
  Check the Security Master Data:
  
  Navigate to the security master data in SAP and verify that the underlying security for the convertible bond is correctly defined and has a valid ID number.
  Ensure that the security type is correctly set up and that all required fields are filled out.
  
  
  
  Update the Convertible Bond Data:
  
  If the underlying security is missing, you may need to update the convertible bond record to include the correct ID number for the underlying security.
  This can typically be done through transaction codes such as FTR_EDIT or FTR_CREATE, depending on your SAP version and configuration.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings for financial instruments in the SAP system to ensure that they are set up correctly. This may involve consulting with your SAP Basis or Financials team.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to convertible bonds and security management for any specific requirements or known issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide additional insights or patches if this is a known issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY for managing financial instruments.
  SAP Notes: Search for SAP Notes related to FVER058 or convertible bonds in the SAP Support Portal for any updates or fixes.
  User Roles: Ensure that you have the necessary permissions to view and edit security and financial instrument data in SAP.
  
  By following these steps, you should be able to identify and resolve the underlying cause of the FVER058 error in your SAP system.