How To Fix RY814 - Option on option currency must be same as underlying option currency

RY814 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 814

• Message text: Option on option currency must be same as underlying option currency

What causes this issue?

An option on an option currency must be consistent with the underlying
option currency.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY814 - Option on option currency must be same as underlying option currency ?

  The SAP error message RY814, which states "Option on option currency must be same as underlying option currency," typically occurs in the context of financial transactions involving options in SAP's Treasury and Risk Management module. This error indicates that there is a mismatch between the currency of the option and the currency of the underlying asset or option.
  
  Cause:
  The error arises when you attempt to create or process an option that is based on another option (a "nested option") where the currencies do not match. For example, if you have an underlying option denominated in USD, but you are trying to create a new option based on it in EUR, SAP will throw this error.
  
  Solution:
  To resolve this error, you should ensure that the currency of the option you are trying to create matches the currency of the underlying option. Here are the steps you can take:
  
  
  Check the Currencies: Verify the currency