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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message 69153 - Product type & does not exist in company code & ?

  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 SPRO).
  Go to the relevant section for product types and ensure that the product type in question is defined for the specified company code.
  If it is missing, you may need to create or configure the product type accordingly.
  
  
  
  Verify Company Code:
  
  Ensure that the company code entered in the transaction is correct and matches the one where the product type is defined.
  
  
  
  Correct Data Entry:
  
  Double-check the entries for any typographical errors in the product type or company code fields.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and work with the specified product type in the company code.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional context on product types and their configuration.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO for configuration, MM01 for creating materials, or MM02 for modifying materials.
  SAP Notes: Check SAP Notes for any updates or patches related to product types and company codes.
  User Roles: Ensure that the user roles and profiles are correctly set up to allow access to the necessary product types.
  
  By following these steps, you should be able to identify and resolve the cause of the error message 69153 in SAP.