How To Fix 64490 - CoCd &1, prod. type &2, val. class &3: No position mgmt procedure found

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 490

• Message text: CoCd &1, prod. type &2, val. class &3: No position mgmt procedure found

What causes this issue?

The entries for assigning the position management procedure in
Customizing are incomplete.
The system was unable to find a suitable procedure for company code
&V1&, product type &V2&, and valuation class &V3&.

How to fix this error?

INCLUDE NA_SYSADMIN1

Procedure for System Administrators

Complete your entries in Customizing for securities by choosing
<DS:SIMG.KG_ERMITTLUNGVERF_WP>Assign Position Management Procedure</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 64490 - CoCd &1, prod. type &2, val. class &3: No position mgmt procedure found ?

  The SAP error message 64490 indicates that there is no position management procedure found for a specific combination of company code (CoCd), product type, and valuation class. This error typically arises in the context of materials management and inventory management processes, particularly when dealing with product valuation and accounting.
  Cause:
  The error can occur due to several reasons:
  
  Missing Configuration: The position management procedure has not been defined for the specified combination of company code, product type, and valuation class in the system.
  Incorrect Master Data: The material master data may not be correctly set up, leading to the system being unable to find the appropriate position management procedure.
  Customizing Issues: There may be issues in the customizing settings related to the position management procedures in the SAP system.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the SAP customizing transaction (SPRO) and navigate to the relevant area for position management.
  Ensure that the position management procedure is defined for the specific combination of company code, product type, and valuation class.
  If it is missing, you will need to create or assign the appropriate position management procedure.
  
  
  
  Review Material Master Data:
  
  Check the material master data for the affected material. Ensure that the product type and valuation class are correctly assigned.
  You can use transaction MM03 to display the material master and verify the relevant fields.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to position management procedures to understand the requirements and settings needed.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  SPRO (Customizing)
  MM03 (Display Material Master)
  OMWD (Define Valuation Classes)
  
  
  
  Position Management: This is a part of the SAP system that deals with the management of inventory positions, which can include tracking the value and quantity of materials in stock.
  
  
  Documentation: Always refer to the latest SAP notes and documentation for updates or specific instructions related to your version of SAP.
  
  
  By following these steps, you should be able to identify and resolve the cause of the error message 64490 in your SAP system.