How To Fix BS_CT_MESSAGES003 - Type &1 is not a valid type for instrument types (character-like)

SAP Error Message - Details

• Message type: E = Error

• Message class: BS_CT_MESSAGES - Messages for Context According

• Message number: 003

• Message text: Type &1 is not a valid type for instrument types (character-like)

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message BS_CT_MESSAGES003 - Type &1 is not a valid type for instrument types (character-like) ?

  The SAP error message BS_CT_MESSAGES003 indicates that there is an issue with the type of instrument being used in a transaction or configuration. Specifically, the error states that the type specified is not valid for instrument types that are character-like. This typically occurs in the context of financial instruments or when dealing with certain configurations in SAP's banking or treasury modules.
  Cause:
  
  Invalid Instrument Type: The instrument type you are trying to use is not recognized by the system. This could be due to a typo, or the type may not be defined in the system.
  Configuration Issues: The configuration for instrument types may not be set up correctly in the system. This could involve missing entries in the customizing settings.
  Data Entry Errors: There may be an error in the data entry where an incorrect type is being referenced.
  Version Compatibility: If you are using a custom or third-party solution, it may not be compatible with the current version of SAP you are using.
  
  Solution:
  
  Check Instrument Type: Verify that the instrument type you are using is valid. You can do this by checking the configuration settings in the relevant SAP module (e.g., Treasury and Risk Management).
  Review Customizing Settings: Go to the customizing settings (transaction SPRO) and navigate to the relevant section for instrument types. Ensure that the type you are trying to use is defined and correctly configured.
  Correct Data Entry: If the error is due to a data entry mistake, correct the entry and try again.
  Consult Documentation: Refer to SAP documentation or help files for the specific module you are working with to ensure you are using the correct types.
  Check for Updates: If you are using a custom solution, check for any updates or patches that may address compatibility issues with the current version of SAP.
  Contact SAP Support: If the issue persists, consider reaching out to SAP support for assistance, especially if this is a production issue.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), SE11 (Data Dictionary), and SE80 (Object Navigator) to help troubleshoot the issue.
  SAP Notes: Search for SAP Notes related to this error message for any known issues or fixes.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution.