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Former Member
Feb 28, 2011 at 09:58 AM

Investment order settlement rule Errror

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Dear All,

While creating an Investment order, system will ask for creation of AUC asset if investment profile in assigned to the Order and creates an AUC asset with autoomatic generation of settlement rule.

But when i m trying to create the said order with investment profile attachment, and AUC creation system is not allowing me to save the order with errror as below:

Enter a distribution rule for Asset without a validity limit

Message no. KD059

Diagnosis

The settlement profile used requires you to define a distribution rule for Asset. For period 003 2011, however, you have not created a distribution rule for Asset.

Procedure

Create a distribution rule for Asset without a validity limit, because, if the distribution rule does have a validity limit, the system always issues this message in the period following the last valid period.

You can also use a different settlement profile that does not require such a distribution rule, or change the settlement rule used.

Can you pls let me know what is the cause of this error message,

Thanks & Regards,

Ravi