How To Fix FVKM012 - Corporate action for bonds with inst.repaymts (sec.ID&1) is not permitted

FVKM012 - Overview

• Message type: E = Error

• Message class: FVKM - Message Class for Corporate Actions

• Message number: 012

• Message text: Corporate action for bonds with inst.repaymts (sec.ID&1) is not permitted

What causes this issue?

You want to define a corporate action from category &V2&. However, only
a corporate action from category 05 (issue currency changeover) is
permitted for bonds with installment repayments (sec.ID: &V1& ).

System Response

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

How to fix this error?

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 FVKM012 - Corporate action for bonds with inst.repaymts (sec.ID&1) is not permitted ?

  The SAP error message FVKM012 indicates that there is an issue with processing a corporate action for bonds that have installment repayments. This error typically arises in the context of financial transactions involving bonds, particularly when trying to execute a corporate action that is not allowed for bonds with installment repayments.
  
  Cause:
  
  Corporate Action Restrictions: The specific corporate action you are trying to execute may not be permitted for bonds that have installment repayments. This could be due to the nature of the corporate action itself, which may not be applicable to bonds with such repayment structures.
  
  Configuration Issues: There may be configuration settings in the SAP system that restrict certain corporate actions for specific types of securities, including bonds with installment repayments.
  Data Integrity Issues: There could be issues with the data related to the bond or the corporate action, such as incorrect security identifiers or missing information.
  
  
  Solution:
  
  Review Corporate Action Type: Check the