How To Fix FVER162 - Unable to find a position for corporate action &1 and company code &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 162

• Message text: Unable to find a position for corporate action &1 and company code &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVER162 - Unable to find a position for corporate action &1 and company code &2 ?

  The SAP error message FVER162, which states "Unable to find a position for corporate action &1 and company code &2," typically occurs in the context of corporate actions processing in SAP Financials. This error indicates that the system is unable to find a relevant position for the specified corporate action and company code, which can hinder the processing of corporate actions such as dividends, stock splits, or mergers.
  Causes:
  
  
  Missing Position Data: The most common cause is that there is no existing position for the specified corporate action and company code in the system. This could be due to data not being updated or missing altogether.
  
  
  Incorrect Company Code: The company code specified in the error message may not be correctly associated with the corporate action or may not exist in the system.
  
  
  Corporate Action Not Processed: The corporate action may not have been properly set up or processed in the system, leading to a lack of associated positions.
  
  
  Timing Issues: The corporate action may be scheduled for a future date, and the system may not yet have the necessary data to process it.
  
  
  Data Inconsistencies: There may be inconsistencies in the data related to the corporate action or the positions, such as incorrect mappings or missing entries.
  
  
  Solutions:
  
  
  Check Position Data: Verify that the position for the specified corporate action and company code exists in the system. You can do this by checking the relevant transaction codes (e.g., using transaction code IHC1 for corporate actions).
  
  
  Validate Company Code: Ensure that the company code specified in the error message is correct and that it is associated with the corporate action.
  
  
  Review Corporate Action Setup: Check the setup of the corporate action in the system. Ensure that all necessary data has been entered and that the corporate action is active.
  
  
  Update Data: If the position data is missing, you may need to create or update the relevant position records in the system.
  
  
  Consult Documentation: Review SAP documentation or help resources related to corporate actions processing to ensure that all steps have been followed correctly.
  
  
  Check for Future Dates: If the corporate action is scheduled for a future date, ensure that the system is set up to handle it appropriately.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for corporate actions, such as IHC1, IHC2, or IHC3, which can help in managing and reviewing corporate actions.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches.
  User Manuals: Refer to user manuals or training materials for corporate actions processing in SAP to ensure compliance with best practices.
  
  By following these steps, you should be able to identify the root cause of the FVER162 error and implement a solution to resolve it.