Bug: Geocoding a versioned ArcSDE table with the output as a Dynamic Feature Class causes an error - User Transaction in Progress
** This issue is addressed in ArcGIS 9.0 Service Pack 3 (SP3) **
Geocoding an ArcSDE table in ArcMap that has been Registered as Versioned, and specifying the output as 'Create dynamic feature class related to table' will return the following error:
"CREATE FEATURE CLASS
There was an error trying to process this table.
User transaction in progress -- operation not allowed"
This is a known issue.
Click on the link in Related Information below for Service Pack 3, if necessary. **
If the Service Pack is unavailable to you, the workaround is to unregister the table as versioned.
<a href='http://support.esri.com/en/knowledgebase/techarticles/detail/24971' target='_blank'>How To: Unregister Feature Class as versioned</a>