How To Fix IDCFM_US_FAMA_MSG027 - Wash sale is already posted


SAP Error Message - Details

  • Message type: E = Error

  • Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

  • Message number: 027

  • Message text: Wash sale is already posted

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message IDCFM_US_FAMA_MSG027 - Wash sale is already posted ?
    The SAP error message IDCFM_US_FAMA_MSG027, which states "Wash sale is already posted," typically occurs in the context of financial transactions related to securities and investments. A "wash sale" refers to a transaction where a security is sold at a loss and then repurchased shortly thereafter, which can have tax implications.
    
    Cause: Duplicate Posting: The error usually arises when there is an attempt to post a wash sale transaction that has already been recorded in the system. This can happen if the same transaction is processed multiple times. Incorrect Transaction Logic: The logic in the transaction processing may not correctly identify that a wash sale has already been posted, leading to attempts to post it again. System Configuration: There may be issues with the configuration settings in the SAP system that govern how wash sales are handled.
    Solution: Check Transaction History: Review the transaction history to confirm whether the wash sale has already been posted. This can

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