How To Fix J-162 - Set the put/call indicator of the complex option

SAP Error Message - Details

• Message type: E = Error

• Message class: J- -

• Message number: 162

• Message text: Set the put/call indicator of the complex option

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message J-162 - Set the put/call indicator of the complex option ?

  The SAP error message J-162, which states "Set the put/call indicator of the complex option," typically occurs in the context of financial instruments, particularly when dealing with complex options in SAP's Treasury and Risk Management module (TRM). This error indicates that the system requires a specification of whether the complex option is a "put" or a "call" option.
  Cause:
  The error arises when a user attempts to create or modify a complex option without specifying the put/call indicator. In financial terms:
  
  A call option gives the holder the right to buy an asset at a specified price before a certain date.
  A put option gives the holder the right to sell an asset at a specified price before a certain date.
  
  If this indicator is not set, the system cannot process the option correctly, leading to the error message.
  Solution:
  To resolve the J-162 error, follow these steps:
  
  
  Access the Transaction: Go to the transaction where you encountered the error (e.g., creating or modifying a complex option).
  
  
  Locate the Put/Call Indicator: Look for a field labeled "Put/Call Indicator" or similar in the option details.
  
  
  Set the Indicator: Choose the appropriate option:
  
  Select "Call" if the option is a call option.
  Select "Put" if the option is a put option.
  
  
  
  Save Changes: After setting the indicator, save your changes and try to proceed with the transaction again.
  
  
  Validation: Ensure that all other required fields are filled out correctly to avoid additional errors.
  
  
  Related Information:
  
  Documentation: Refer to SAP's official documentation for Treasury and Risk Management for detailed information on complex options and their configurations.
  User Roles: Ensure that you have the necessary permissions to create or modify financial instruments in SAP.
  Training: If you are unfamiliar with the financial instruments module, consider training or consulting with a colleague who has experience in SAP TRM.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting the SAP Community for further assistance.
  
  By ensuring that the put/call indicator is set correctly, you should be able to resolve the J-162 error and continue with your financial transactions in SAP.