How To Fix T7402 - Underlying data cannot be changed after exercising/expiration

SAP Error Message - Details

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 402

• Message text: Underlying data cannot be changed after exercising/expiration

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message T7402 - Underlying data cannot be changed after exercising/expiration ?

  The SAP error message T7402, which states "Underlying data cannot be changed after exercising/expiration," typically occurs in the context of financial instruments, particularly in relation to options, derivatives, or other financial contracts that have specific conditions regarding their lifecycle.
  Cause:
  This error message is triggered when an attempt is made to modify data related to a financial instrument that has already been exercised or has expired. In SAP, once a financial instrument reaches a certain state (like being exercised or expired), the underlying data is locked to maintain the integrity of the financial records and prevent any unauthorized changes that could affect reporting or compliance.
  Solution:
  To resolve this error, consider the following steps:
  
  
  Check the Status of the Instrument: Verify the current status of the financial instrument in question. If it has indeed been exercised or expired, you will not be able to make changes to it.
  
  
  Review Business Processes: Ensure that your business processes are aligned with the handling of financial instruments. If changes are necessary, they may need to be handled through a different process, such as creating a new record or adjusting related entries.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines regarding the management of financial instruments. This may provide insights into how to handle situations involving exercised or expired instruments.
  
  
  Use Correct Transactions: If you need to make adjustments, ensure you are using the correct transaction codes or processes that are allowed for the current status of the instrument.
  
  
  Seek Help from SAP Support: If you believe that the error is occurring incorrectly or if you need further assistance, consider reaching out to SAP support or your internal SAP team for guidance.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  Transaction Codes: Familiarize yourself with the transaction codes related to financial instruments in SAP, such as those for managing derivatives or options.
  User Roles and Permissions: Ensure that the user attempting to make changes has the appropriate permissions, as some actions may be restricted based on user roles.
  
  By following these steps, you should be able to understand the context of the error and take appropriate actions to address it.