How To Fix 69153 - Product type & does not exist in company code &

69153 - Overview

• Message type: E = Error

• Message class: 69 - Central Functions of Financial Asset Management

• Message number: 153

• Message text: Product type & does not exist in company code &

What causes this issue?

The condition generates a flow which is flagged as a payment to a third
party.

How to fix this error?

Using the partner overview, assign a partner with role category 0121
(payment to third party) to the contract.

Error message extract from SAP system. Copyright SAP SE.

69153 - Details

• The SAP error message 69153, which states "Product type & does not exist in company code &," typically occurs in the context of product management or inventory management within the SAP system. This error indicates that the system is unable to find a specified product type for a given company code, which can hinder processes such as product creation, modification, or transaction processing.
  
  Cause:
  
  Missing Product Type Configuration: The specified product type has not been defined or configured in the system for the given company code.
  Incorrect Company Code: The company code specified may not be the one where the product type is defined.
  Data Entry Error: There may be a typographical error in the product type or company code entered in the transaction.
  Authorization Issues: The user may not have the necessary authorizations to access the product type in the specified company code.
  
  
  Solution:
  
  
  Check Product Type Configuration:
  
  Navigate to the configuration settings in SAP (usually through