How To Fix T1164 - An exercise transaction still exists

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 164

• Message text: An exercise transaction still exists

What causes this issue?

You wanted to reverse the exercise settlement of an option.
A transaction, which is still active, was created for settlement.

How to fix this error?

First reverse the exercise transaction.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1164 - An exercise transaction still exists ?

  The SAP error message T1164, "An exercise transaction still exists," typically occurs in the context of financial transactions, particularly when dealing with exercises of options or similar financial instruments. This error indicates that there is an open or pending exercise transaction that needs to be resolved before proceeding with other transactions.
  Cause:
  
  Open Exercise Transaction: There is an existing exercise transaction that has not been completed or closed. This could be due to a pending approval, missing documentation, or an incomplete process.
  Data Inconsistency: There may be inconsistencies in the data related to the exercise transaction, such as missing entries or incorrect statuses.
  User Permissions: The user may not have the necessary permissions to view or modify the exercise transaction, leading to the inability to resolve the issue.
  
  Solution:
  
  
  Check Open Transactions: 
  
  Navigate to the relevant module (e.g., Financial Accounting, Asset Accounting) and check for any open exercise transactions. 
  Use transaction codes like FBL3N (for G/L accounts) or FBL1N (for vendor accounts) to review open items.
  
  
  
  Complete or Close Transactions: 
  
  If you find an open exercise transaction, complete or close it as necessary. This may involve processing approvals, entering missing data, or resolving any discrepancies.
  
  
  
  Review Transaction Logs: 
  
  Check transaction logs or history to identify any issues that may have caused the transaction to remain open. This can help in diagnosing the problem.
  
  
  
  User Permissions: 
  
  Ensure that the user has the appropriate permissions to access and modify the exercise transactions. If not, contact your SAP administrator to adjust the permissions.
  
  
  
  Consult Documentation: 
  
  Refer to SAP documentation or help files for specific guidance related to the module you are working with. This can provide insights into common issues and their resolutions.
  
  
  
  Contact Support: 
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in managing exercise transactions, such as F-02 (Post Document), FB03 (Display Document), or others specific to your financial processes.
  SAP Notes: Search for SAP Notes related to error T1164 in the SAP Support Portal for any patches or updates that may address this issue.
  Training and Documentation: Ensure that users are trained on the processes related to exercise transactions to minimize the occurrence of such errors in the future.
  
  By following these steps, you should be able to identify and resolve the issue causing the T1164 error in SAP.