How To Fix T3118 - Option/Future already exists

T3118 - Overview

• Message type: E = Error

• Message class: T3 - Messages for options and futures

• Message number: 118

• Message text: Option/Future already exists

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message T3118 - Option/Future already exists ?

  The SAP error message T3118 ("Option/Future already exists") typically occurs in the context of SAP's Financial Services or Treasury modules, particularly when dealing with derivatives, options, or futures contracts. This error indicates that there is an attempt to create or enter a financial instrument (like an option or future) that already exists in the system with the same parameters.
  
  Cause:
  
  Duplicate Entry: The most common cause is that the system is trying to create a new entry for an option or future that already exists in the database. This could happen if the user is attempting to enter the same contract multiple times.
  Incorrect Data Entry: Sometimes, the data being entered may inadvertently match an existing record due to incorrect or incomplete information.
  System Configuration: There may be issues with the configuration of the financial instruments in the system, leading to conflicts or duplicates.
  
  
  Solution:
  
  Check Existing Records: Before creating a new option or future, check