How To Fix FVKM003 - Conversion of corp. actions: Incorrect flow cat. &2 for daybook no. &1

FVKM003 - Overview

• Message type: E = Error

• Message class: FVKM - Message Class for Corporate Actions

• Message number: 003

• Message text: Conversion of corp. actions: Incorrect flow cat. &2 for daybook no. &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVKM003 - Conversion of corp. actions: Incorrect flow cat. &2 for daybook no. &1 ?

  The SAP error message FVKM003 indicates an issue related to the conversion of corporate actions in the context of financial transactions. Specifically, it points to an incorrect flow category for a daybook entry. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Flow Category: The error suggests that the flow category specified for the daybook entry does not match the expected values for the type of corporate action being processed. This could be due to configuration issues or incorrect data entry.
  
  Configuration Issues: The flow categories may not be properly defined in the system, or the mapping between corporate actions and flow categories may be incorrect.
  Data Entry Errors: There may be mistakes in the data entered for the corporate action, such as incorrect transaction types or missing information.
  
  
  Solution:
  
  
  Check Flow Category Configuration:
  
  Navigate to the configuration settings for flow categories in SAP (Transaction code: SPRO).
  Ensure that the flow category associated with