How To Fix FVER173 - There is a later exercise for the right (ID no.: &2, futures acct: &3)

FVER173 - Overview

• Message type: E = Error

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

• Message number: 173

• Message text: There is a later exercise for the right (ID no.: &2, futures acct: &3)

What causes this issue?

In company code &v1& you want to reverse the exercise of the security
right with ID number &v2& on &v3& in futures account &v4&. This security
right is exercised later in this futures account, however.

System Response

The system cannot reverse the exercise of the security right.

How to fix this error?

You must reverse the most recent exercise of the security right with the
ID number in the relevant futures account beforehand.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVER173 - There is a later exercise for the right (ID no.: &2, futures acct: &3) ?

  The SAP error message FVER173 indicates that there is a later exercise for the right associated with a specific ID number and futures account. This typically occurs in the context of financial transactions involving derivatives or futures contracts, where the system is trying to process an exercise or settlement but finds that there is a later exercise already scheduled.
  
  Cause:
  
  Later Exercise Exists: The primary cause of this error is that there is a later exercise date for the financial instrument (right) that you are trying to process. This means that the system has detected that the exercise you are attempting to execute is not the most current or valid exercise option available.
  Incorrect Data Entry: There may be an issue with the data entered, such as the wrong ID number or futures account being referenced.
  System Configuration: There could be configuration issues in the SAP system related to the handling of exercises for