How To Fix VKK_KONTO001 - Coverage check is only possible for accounts in "securities" category

VKK_KONTO001 - Overview

• Message type: E = Error

• Message class: VKK_KONTO - Master Data Account Messages

• Message number: 001

• Message text: Coverage check is only possible for accounts in "securities" category

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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VKK_KONTO001 - Details

• The SAP error message VKK_KONTO001 indicates that a coverage check is being attempted on an account that is not categorized as a "securities" account. This error typically arises in the context of financial transactions involving securities, where the system expects certain accounts to be designated for securities-related activities.
  
  Cause:
  The error occurs when:
  
  A coverage check is initiated for an account that is not classified under the "securities" category.
  The account settings or configuration in the SAP system do not align with the requirements for performing a coverage check.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Verify the account settings in the SAP system. Ensure that the account you are trying to use for the coverage check is indeed categorized as a "securities" account.
  You can do this by navigating to the account master data and checking the account type or category.
  
  
  
  Adjust Account Type:
  
  If the account is incorrectly categorized, you may need