How To Fix IDCFM_US_FAMA_MSG035 - Wash sale overview is empty; no data found

SAP Error Message - Details

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 035

• Message text: Wash sale overview 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_MSG035 - Wash sale overview is empty; no data found ?

  The SAP error message IDCFM_US_FAMA_MSG035, which states "Wash sale overview 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 securities trading. A wash sale is a transaction where a security is sold at a loss and then repurchased shortly thereafter, which can have tax implications.
  Cause:
  
  No Wash Sale Transactions: The most straightforward reason for this error is that there are no transactions that qualify as wash sales in the specified period or for the specified securities.
  Data Not Processed: The relevant data may not have been processed or updated in the system. This could be due to a delay in data entry or processing.
  Incorrect Selection Criteria: The selection criteria used to generate the wash sale overview may be too restrictive or incorrect, leading to no data being retrieved.
  Configuration Issues: There may be issues with the configuration of the system related to wash sale reporting, which could prevent data from being displayed.
  Authorization Issues: The user may not have the necessary authorizations to view the wash sale data.
  
  Solution:
  
  Check Transaction Data: Verify that there are indeed transactions that qualify as wash sales in the system. If there are none, the message is expected.
  Review Selection Criteria: Ensure that the selection criteria used to generate the report are correct. Adjust the date range, security identifiers, or other parameters as necessary.
  Data Processing: If data has recently been entered, ensure that all relevant processes (like batch jobs or data updates) have been completed. You may need to run a report or transaction to refresh the data.
  Configuration Review: Check the configuration settings related to wash sales in the SAP system. Ensure that all necessary settings are correctly configured.
  User Authorizations: Confirm that the user has the appropriate authorizations to access the wash sale overview. If not, contact your SAP security administrator to request the necessary permissions.
  
  Related Information:
  
  SAP Documentation: Refer to SAP's official documentation for more details on wash sales and the specific transaction codes related to financial reporting.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error message.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  Consult with SAP Support: If the issue persists and cannot be resolved through the above steps, consider reaching out to SAP support for further assistance.
  
  By following these steps, you should be able to diagnose and potentially resolve the issue related to the IDCFM_US_FAMA_MSG035 error message.