How To Fix T7311 - For average price options, only cash settlement is allowed.

SAP Error Message - Details

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 311

• Message text: For average price options, only cash settlement is allowed.

Self-Explanatory Message

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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 T7311 - For average price options, only cash settlement is allowed. ?

  The SAP error message T7311, which states "For average price options, only cash settlement is allowed," typically occurs in the context of financial transactions involving average price options in SAP. This error indicates that the system is enforcing a restriction on the settlement method for certain financial instruments.
  Cause:
  The error arises when a user attempts to settle an average price option using a method other than cash settlement. In SAP, average price options are designed to be settled in cash, and any attempt to use a different settlement method (like physical delivery) will trigger this error.
  Solution:
  To resolve this error, you should ensure that the settlement method for the transaction is set to cash. Here are the steps you can take:
  
  
  Check Transaction Settings: Review the settings of the transaction that is causing the error. Ensure that the settlement type is set to cash.
  
  
  Adjust Settlement Method: If the transaction is incorrectly set to a different settlement method, change it to cash settlement. This can usually be done in the transaction details or settings.
  
  
  Review Configuration: If you are a system administrator or have access to configuration settings, check the configuration for average price options in your SAP system. Ensure that the system is set up correctly to enforce cash settlement for these types of transactions.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for more detailed guidance on handling average price options and their settlement methods.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may be involved in managing financial instruments and their settlements, such as transaction codes for managing derivatives or options.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles and Permissions: Ensure that the user attempting the transaction has the appropriate roles and permissions to perform cash settlements.
  
  By following these steps, you should be able to address the T7311 error and successfully process your average price options with the correct settlement method.