How To Fix FVKM014 - Corporate action &1 not permitted due to forward securities trans. &2/&3

SAP Error Message - Details

• Message type: E = Error

• Message class: FVKM - Message Class for Corporate Actions

• Message number: 014

• Message text: Corporate action &1 not permitted due to forward securities trans. &2/&3

What causes this issue?

You want to execute a corporate action that would affect at least one
forward securities transaction. However, this corporate action category
is not permitted for a forward securities transaction.

System Response

The corporate action cannot be executed.

How to fix this error?

End or reverse the forward securities transaction. Then execute the
corporate action.

Procedure for System Administrators

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 FVKM014 - Corporate action &1 not permitted due to forward securities trans. &2/&3 ?

  The SAP error message FVKM014 indicates that a corporate action is not permitted due to a forward securities transaction. This error typically arises in the context of financial transactions involving securities, such as when trying to process a corporate action (like a dividend payment, stock split, etc.) for a security that is involved in a forward transaction.
  Cause:
  
  Forward Transaction Involvement: The security in question is part of a forward transaction, which means that it is not in a state that allows for corporate actions to be processed. Forward transactions often involve future delivery or settlement dates, which can restrict certain actions.
  Transaction Status: The status of the forward transaction may not allow for corporate actions to be executed. This could be due to the transaction being in a locked state or pending completion.
  Configuration Issues: There may be configuration settings in the SAP system that restrict corporate actions for securities involved in forward transactions.
  
  Solution:
  
  Check Transaction Status: Review the status of the forward securities transaction. Ensure that it is completed or in a state that allows for corporate actions to be processed.
  Review Corporate Action Settings: Check the configuration settings for corporate actions in the SAP system. Ensure that the settings allow for corporate actions to be processed for securities involved in forward transactions.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling corporate actions and forward transactions.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may provide insights specific to your system configuration and transaction details.
  
  Related Information:
  
  SAP Notes: Look for relevant SAP Notes that may address this specific error message or provide updates and patches that could resolve the issue.
  Transaction Codes: Familiarize yourself with transaction codes related to corporate actions and securities management in SAP, such as:
  
  FTR_EDIT: For editing financial transactions.
  FTR_LIST: For listing financial transactions.
  
  
  User Roles and Permissions: Ensure that the user attempting to process the corporate action has the necessary permissions to do so, especially in relation to forward transactions.
  
  By following these steps, you should be able to identify the cause of the FVKM014 error and implement a solution to resolve it.