How To Fix RY903 - Put/call indicator not defined in master data for ID &

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 903

• Message text: Put/call indicator not defined in master data for ID &

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY903 - Put/call indicator not defined in master data for ID & ?

  The SAP error message RY903, which states "Put/call indicator not defined in master data for ID &," typically occurs in the context of financial instruments, particularly when dealing with derivatives or options in the SAP system. This error indicates that the system is unable to find the necessary put/call indicator in the master data for the specified financial instrument.
  Cause:
  
  Missing Master Data: The put/call indicator is not defined in the master data for the financial instrument (ID) you are trying to process. This could be due to incomplete setup or configuration.
  Incorrect Configuration: The financial instrument may not have been configured correctly in the system, leading to missing attributes like the put/call indicator.
  Data Migration Issues: If data was migrated from another system, there may have been issues during the migration process that resulted in missing or incomplete data.
  
  Solution:
  
  
  Check Master Data: 
  
  Navigate to the relevant master data for the financial instrument in question (e.g., transaction codes like FTR_EDIT for financial transactions).
  Ensure that the put/call indicator is defined correctly. If it is missing, you will need to add it.
  
  
  
  Update Configuration:
  
  If the put/call indicator is not part of the standard configuration, you may need to update the configuration settings in the SAP system to include this indicator.
  Consult with your SAP configuration team or refer to the SAP documentation for the specific module you are working with (e.g., Treasury and Risk Management).
  
  
  
  Data Validation:
  
  If the data was migrated, perform a validation check to ensure that all necessary fields, including the put/call indicator, were correctly transferred.
  If discrepancies are found, you may need to correct the data manually or re-run the migration process.
  
  
  
  Consult Documentation: 
  
  Review SAP notes and documentation related to the specific module you are using. There may be specific notes addressing this error or providing guidance on how to resolve it.
  
  
  
  Contact SAP Support: 
  
  If you are unable to resolve the issue through the above steps, consider reaching out to SAP support for assistance. They may provide insights or patches that can help resolve the error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing financial instruments, such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY.
  SAP Notes: Search for SAP Notes related to RY903 or the specific financial instrument you are working with. These notes often contain fixes or workarounds for known issues.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and edit master data in the SAP system.
  
  By following these steps, you should be able to identify the cause of the RY903 error and implement a solution to resolve it.