How To Fix IDCFM_US_FAMA_MSG034 - Wash sale worklist is empty; no data found

IDCFM_US_FAMA_MSG034 - Overview

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 034

• Message text: Wash sale worklist is empty; no data found

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message IDCFM_US_FAMA_MSG034 - Wash sale worklist is empty; no data found ?

  The SAP error message IDCFM_US_FAMA_MSG034, which states "Wash sale worklist is empty; no data found," typically occurs in the context of financial accounting and reporting, particularly when dealing with wash sales in the context of U.S. tax regulations. A wash sale occurs when a security is sold at a loss and then repurchased within a certain period, which can have tax implications.
  
  Cause:
  
  
  No Eligible Transactions: The most common cause of this error is that there are no transactions that meet the criteria for wash sales in the specified period. This could be due to a lack of sales or repurchases of securities that would qualify as wash sales.
  
  
  Incorrect Selection Criteria: The parameters or filters set for generating the wash sale worklist may be too restrictive or incorrectly configured, leading to no data being retrieved.
  
  
  Data Not Processed: If the relevant transactions have not been processed or posted correctly in the system, they