How To Fix J-191 - Maintain expiration, settlement or last trade date in future master data

SAP Error Message - Details

• Message type: E = Error

• Message class: J- -

• Message number: 191

• Message text: Maintain expiration, settlement or last trade date in future master data

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message J-191 - Maintain expiration, settlement or last trade date in future master data ?

  The SAP error message J-191, which states "Maintain expiration, settlement or last trade date in future master data," typically occurs in the context of managing financial instruments or derivatives within the SAP system. This error indicates that the system requires specific date fields (expiration date, settlement date, or last trade date) to be set in the future for the relevant master data.
  Cause:
  
  Incorrect Date Settings: The expiration, settlement, or last trade date is set to a date that is either in the past or not properly configured.
  Master Data Configuration: The master data for the financial instrument may not have been set up correctly, leading to missing or incorrect date entries.
  System Validation: The system has built-in validations that require these dates to be in the future to ensure that the financial instruments are valid for trading or settlement.
  
  Solution:
  
  Check Date Fields: Review the master data for the financial instrument in question. Ensure that the expiration date, settlement date, and last trade date are all set to future dates.
  Update Master Data: If any of the dates are incorrect, update them to reflect future dates. This can typically be done in the relevant transaction code (e.g., using transaction codes like CVA1, CVA2, or similar depending on your SAP version).
  Validation Rules: Ensure that the validation rules in your SAP system are correctly configured to allow for the necessary date entries.
  Consult Documentation: Refer to SAP documentation or your organization's guidelines for managing financial instruments to ensure compliance with any specific requirements.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with the relevant transaction codes for maintaining financial instrument master data in your SAP system.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to master data.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  Training and Support: If you are unsure about how to proceed, consider reaching out to your SAP support team or consulting with a colleague who has experience in managing financial instruments in SAP.
  
  By following these steps, you should be able to resolve the J-191 error and ensure that your financial instrument master data is correctly configured.