How To Fix FVER202 - Position is locked by corporate action no. &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 202

• Message text: Position is locked by corporate action no. &1

What causes this issue?

The position for ID number &V2&, company code &V3& is locked by
corporate action number &V1&.

System Response

The system cannot perform the function.

How to fix this error?

Reverse the corporate action and restart the function.

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 FVER202 - Position is locked by corporate action no. &1 ?

  The SAP error message FVER202 ("Position is locked by corporate action no. &1") typically occurs in the context of financial transactions or asset management when a position is locked due to an ongoing corporate action. Corporate actions can include events such as mergers, acquisitions, stock splits, dividends, or other significant changes that affect the ownership or structure of a company's securities.
  Cause:
  
  Ongoing Corporate Action: The position you are trying to access or modify is currently locked because a corporate action is being processed. This means that the system is preventing any changes to ensure data integrity during the corporate action.
  Pending Transactions: There may be pending transactions related to the corporate action that need to be completed before the position can be unlocked.
  System Configuration: The system may be configured to lock positions during specific corporate actions to prevent inconsistencies.
  
  Solution:
  
  Check Corporate Action Status: Verify the status of the corporate action associated with the position. You can do this by navigating to the relevant transaction or report in SAP that provides details on corporate actions.
  Wait for Completion: If the corporate action is still in process, you may need to wait until it is completed. Once the corporate action is finalized, the lock on the position should be released automatically.
  Contact Support: If you believe the position should not be locked or if the corporate action has been completed but the lock persists, contact your SAP support team or system administrator for assistance. They may need to investigate further or manually unlock the position if necessary.
  Review Configuration: If this issue occurs frequently, it may be worth reviewing the configuration settings related to corporate actions in your SAP system to ensure they align with your business processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with corporate actions, such as FTR_EDIT for financial transactions or FAGLB03 for general ledger reports.
  Documentation: Refer to SAP documentation or help files for more detailed information on handling corporate actions and understanding the implications of locked positions.
  User Roles: Ensure that you have the appropriate user roles and permissions to access the necessary information regarding corporate actions and locked positions.
  
  By following these steps, you should be able to address the FVER202 error and understand the context in which it occurs.