How To Fix T3002 - Underlying not a unit-quoted security

SAP Error Message - Details

• Message type: E = Error

• Message class: T3 - Messages for options and futures

• Message number: 002

• Message text: Underlying not a unit-quoted security

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 T3002 - Underlying not a unit-quoted security ?

  The SAP error message T3002, which states "Underlying not a unit-quoted security," typically occurs in the context of financial transactions involving securities in SAP systems, particularly in the SAP Treasury and Risk Management (TRM) module. This error indicates that the security you are trying to process is not recognized as a unit-quoted security, which is necessary for certain types of transactions.
  Cause:
  
  Security Type: The security you are trying to use may not be defined as a unit-quoted security in the system. Unit-quoted securities are those that are traded in units (e.g., shares of stock) rather than in monetary values (e.g., bonds).
  Configuration Issues: There may be configuration issues in the SAP system regarding the security master data. The security might not be set up correctly in the system.
  Data Entry Errors: There could be errors in the data entry process, such as incorrect security identifiers or missing information.
  Market Data Issues: The market data for the security may not be updated or may be missing, leading to the system not recognizing it as a unit-quoted security.
  
  Solution:
  
  Check Security Master Data: Verify the configuration of the security in the SAP system. Ensure that it is defined as a unit-quoted security. You can do this by checking the security master data in the system.
  Update Market Data: Ensure that the market data for the security is up to date. This may involve refreshing the data or checking for any missing entries.
  Review Transaction Details: Double-check the details of the transaction you are trying to process. Ensure that all required fields are filled out correctly and that the security identifier is accurate.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling securities and the requirements for unit-quoted securities.
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed. Other users may have encountered the same error and can share their solutions.
  Training and Documentation: Ensure that users involved in processing securities are adequately trained and have access to the necessary documentation to avoid common pitfalls.
  
  By following these steps, you should be able to identify the cause of the T3002 error and implement a solution to resolve it.