How To Fix /PM0/ALB_MESSAGES605 - Amount/shares intended for withdrawal exceed/s current fund assets

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_MESSAGES -

• Message number: 605

• Message text: Amount/shares intended for withdrawal exceed/s current fund assets

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_MESSAGES605 - Amount/shares intended for withdrawal exceed/s current fund assets ?

  The SAP error message /PM0/ALB_MESSAGES605 indicates that the amount or shares intended for withdrawal from a fund exceed the current assets available in that fund. This error typically occurs in the context of fund management or investment management modules within SAP, particularly when dealing with withdrawals or redemptions from investment funds.
  Cause:
  
  Insufficient Fund Assets: The primary cause of this error is that the amount or number of shares the user is trying to withdraw is greater than what is currently available in the fund.
  Data Entry Error: There may be a mistake in the amount or shares entered for withdrawal, possibly due to a typographical error.
  Timing Issues: The fund's asset values may have changed due to market fluctuations, and the withdrawal request may have been made based on outdated information.
  Configuration Issues: There may be issues with the configuration of the fund management settings in SAP, leading to incorrect calculations of available assets.
  
  Solution:
  
  Verify Fund Assets: Check the current assets of the fund to ensure that the amount or shares intended for withdrawal do not exceed the available balance.
  Adjust Withdrawal Amount: If the intended withdrawal exceeds the available assets, adjust the withdrawal amount or number of shares to a value that is within the limits of the current fund assets.
  Check for Data Entry Errors: Review the input data for any mistakes or discrepancies that may have led to the error.
  Consult with Finance Team: If the issue persists, consult with the finance or fund management team to understand the current status of the fund and any recent transactions that may have affected its asset levels.
  Review Configuration: If necessary, review the configuration settings in SAP related to fund management to ensure they are set up correctly.
  
  Related Information:
  
  SAP Documentation: Refer to SAP's official documentation for fund management and investment management for more detailed information on handling withdrawals and managing fund assets.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to fund management, such as those for viewing fund balances or processing withdrawals.
  User Roles and Permissions: Ensure that the user attempting the withdrawal has the appropriate roles and permissions to perform such transactions in SAP.
  Support: If the issue cannot be resolved through the above steps, consider reaching out to SAP support or your organization's SAP helpdesk for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.