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Deletion of an empty (?) Securities Account

Former Member
0 Kudos

Dear friends,

We had used a securities account (release 6.0) but as it became obsolete we sold all securities (in their book values) that belonged it and we want to delete it.

But we get this message:

Securities account cannot be deleted: it still contains positions

Message no. TRS0161

Position List Reports indicate that the securities account contains ONLY ZERO positions...

How could we delete it ?

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

You cannot delete a securities account since you have created a position with it. Even though it is a zero position, there are purchase and sale transaction involving this account. Hence You can only deactivate it.

Regards,

Ravi

Answers (1)

Answers (1)

jasmine_li
Contributor
0 Kudos

Dear Seadweller,

As described by Ravi, it is impossible to delete the securities account even it has zero position, because for the existing positions, it is the master data, if the securities account can be deleted then the positions will loss master data and this is impossible.

Instead of deleting you can set the status in the securities account maintenance, Transaction TRS_SEC_ACC -> Edit -> change status -> closed; please read also the F1-documentation on this field.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Status of a Security Account

The status of a securities account determines whether you can make position changes in the account.

Use

The following status entries are possible:

1. Active: Position changes can be made

2. Locked: No position changes can be made in a locked securities account.

Dependencies

When you create a securities account it is given the status 'active'.

You can then only set the status of a securities account to 'locked' if the following conditions are fulfilled:

1. All items in the account have a nominal or unit value equal to zero. Here, the system date is the relevant date for determining the position.

2. No 'planned' status flows exist on the account. If planned flows exist, all the flows must be fixed first before the account can be 'locked'.

Example

Set the status to 'locked' if the corresponding physical bank securities account is to be locked.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The securities account then in fact still appears in the F4-help, however, 'closed' with the status; it cannot be used anymore.

Best regards,

Jasmine

Edited by: Jasmine Li on May 24, 2010 11:11 AM