How To Fix FVER177 - Cannot physically exercise rights when public sector mgmt is active

FVER177 - Overview

• Message type: E = Error

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

• Message number: 177

• Message text: Cannot physically exercise rights when public sector mgmt is active

What causes this issue?

Public Sector Management is active in the current company code. In this
case, you cannot exercise rights for listed options if they are
associated with physical delivery of the underlying.

System Response

The system cannot continue processing.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVER177 - Cannot physically exercise rights when public sector mgmt is active ?

  The SAP error message FVER177 ("Cannot physically exercise rights when public sector management is active") typically occurs in the context of public sector management (PSM) within SAP systems. This error indicates that there is an attempt to perform an action that is not allowed due to the active PSM settings.
  
  Cause:
  The error arises when you try to execute a transaction or process that involves exercising rights (such as financial transactions or budgetary control) while the Public Sector Management module is active. In PSM, certain functionalities and processes are governed by specific rules and regulations that differ from standard SAP financial processes.
  
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check Configuration Settings: Ensure that the configuration settings for Public Sector Management are correctly set up. Review the settings related to budget control and rights management.
  
  
  Review Transaction Type: Verify that the transaction you are trying to execute is compatible with the PSM environment. Some