How To Fix FVKM006 - Conv. of corp. act.: Old issue currency for IssueCurConv. &1 not found

SAP Error Message - Details

• Message type: E = Error

• Message class: FVKM - Message Class for Corporate Actions

• Message number: 006

• Message text: Conv. of corp. act.: Old issue currency for IssueCurConv. &1 not found

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVKM006 - Conv. of corp. act.: Old issue currency for IssueCurConv. &1 not found ?

  The SAP error message FVKM006 indicates an issue related to the conversion of corporate actions, specifically concerning the issue currency for a particular conversion. This error typically arises in the context of financial transactions, particularly when dealing with securities and their associated corporate actions.
  Cause:
  The error message "FVKM006 Conv. of corp. act.: Old issue currency for IssueCurConv. &1 not found" usually occurs due to one of the following reasons:
  
  
  Missing Currency Configuration: The system cannot find the old issue currency that is required for the conversion process. This could be due to missing or incorrect configuration in the currency settings for the security.
  
  
  Data Inconsistency: There may be inconsistencies in the data related to the corporate action or the securities involved. This could include missing records in the database or incorrect mappings.
  
  
  Incorrect Corporate Action Settings: The corporate action settings may not be properly defined, leading to the system being unable to locate the necessary currency information.
  
  
  Versioning Issues: If there have been changes or updates to the securities or corporate actions, the old issue currency may not have been properly maintained or updated in the system.
  
  
  Solution:
  To resolve the FVKM006 error, you can take the following steps:
  
  
  Check Currency Configuration:
  
  Go to the transaction code for currency settings (e.g., OB08) and verify that the old issue currency is correctly defined in the system.
  Ensure that the currency is active and has the necessary exchange rates defined.
  
  
  
  Review Corporate Action Settings:
  
  Check the corporate action settings in the system to ensure that all necessary parameters are correctly configured.
  Make sure that the corporate action type is properly linked to the securities involved.
  
  
  
  Data Consistency Check:
  
  Perform a data consistency check for the securities and corporate actions. This may involve running specific reports or using transaction codes that help identify inconsistencies.
  If inconsistencies are found, correct them in the relevant master data.
  
  
  
  Update or Maintain Records:
  
  If the old issue currency is missing, you may need to create or update the relevant records in the system.
  Ensure that all historical data related to the securities is properly maintained.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to corporate actions and currency conversions for any specific guidance or updates that may apply to your version of SAP.
  
  
  
  Contact SAP Support:
  
  If the issue persists after performing the above steps, consider reaching out to SAP support for further assistance. They may provide additional insights or patches that could resolve the issue.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08: Maintain exchange rates.
  FTR_EDIT: Edit financial transactions.
  FTR_CREATE: Create financial transactions.
  
  
  
  SAP Notes: Search for SAP Notes related to FVKM006 or corporate actions in the SAP Support Portal for any known issues or fixes.
  
  
  Documentation: Review the SAP Help Portal for detailed documentation on handling corporate actions and currency conversions.
  
  
  By following these steps, you should be able to identify and resolve the underlying cause of the FVKM006 error in your SAP system.