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

SAP Error Message - Details

• 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

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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 the daybook entry is correctly defined and mapped to the appropriate corporate action types.
  
  
  
  Review Daybook Entries:
  
  Use transaction codes like FBL3N or FBL1N to review the daybook entries and identify any discrepancies in the flow category.
  Verify that the entries are correctly categorized according to the corporate action being processed.
  
  
  
  Correct Data Entry:
  
  If the error is due to incorrect data entry, correct the entries in the relevant transaction or document.
  Ensure that all required fields are filled out correctly and that the flow category aligns with the corporate action type.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific guidelines on corporate actions and flow categories.
  Check for any updates or notes from SAP that may address this specific error.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error does not recur.
  Monitor the system for any further issues related to corporate actions and flow categories.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to FVKM003. You can search for relevant notes in the SAP Support Portal.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FBL3N: Display G/L Account Line Items
  FBL1N: Display Vendor Line Items
  FBL5N: Display Customer Line Items
  
  
  Corporate Actions: Understand the different types of corporate actions and their implications on financial reporting and accounting.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP financial modules.