How To Fix FVKM023 - Corporate action of category "&1" not allowed for product category "&2"

FVKM023 - Overview

• Message type: E = Error

• Message class: FVKM - Message Class for Corporate Actions

• Message number: 023

• Message text: Corporate action of category "&1" not allowed for product category "&2"

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVKM023 - Corporate action of category "&1" not allowed for product category "&2" ?

  The SAP error message FVKM023 indicates that a corporate action of a specific category is not allowed for a particular product category. This error typically arises in the context of financial transactions, particularly when dealing with securities or investment products in SAP's Financial Services module.
  
  Cause:
  
  Incompatible Corporate Action and Product Category: The corporate action you are trying to process (e.g., dividend payment, stock split, etc.) is not permitted for the specified product category. This could be due to business rules or configurations that restrict certain actions based on the type of financial instrument.
  
  Configuration Issues: The system may not be configured correctly to allow the specified corporate action for the product category in question. This could be due to missing settings in the customizing (SPRO) or incorrect mappings.
  Data Entry Errors: There may be a mistake in the data entry, such as selecting the wrong corporate action type or product category.
  
  
  Solution:
  
  
  Check Configuration: Review