How To Fix J-188 - Underlying for position & expired before it was exercised

J-188 - Overview

• Message type: E = Error

• Message class: J- -

• Message number: 188

• Message text: Underlying for position & expired before it was exercised

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 J-188 - Underlying for position & expired before it was exercised ?

  The SAP error message J-188 typically indicates that there is an issue with a financial instrument or position that has expired before it could be exercised. This error is often encountered in the context of financial transactions, particularly in the areas of derivatives, options, or other financial instruments managed within SAP's Financial Supply Chain Management (FSCM) or Treasury modules.
  
  Cause:
  
  Expired Position: The primary cause of this error is that the position or financial instrument has reached its expiration date, and any attempts to exercise or settle it are no longer valid.
  Incorrect Dates: There may be discrepancies in the date settings or configurations that lead to the position being considered expired.
  Data Entry Errors: Incorrect data entry during the creation of the financial instrument or position can lead to this error.
  System Configuration: The system may not be configured correctly to handle the lifecycle of the financial instrument.
  
  
  Solution:
  
  Check Expiration Date: Verify the expiration date