How To Fix CMMFDOR_DRVTV_ORDER244 - Counterparty reference account &1 not valid for counterparty broker

SAP Error Message - Details

• Message type: E = Error

• Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

• Message number: 244

• Message text: Counterparty reference account &1 not valid for counterparty broker

What causes this issue?

The given Counterparty Reference Account has not been maintained in the
master data for the Counterparty.

How to fix this error?

Maintain the Counterparty Reference Account for the given Counterparty
Broker and Counterparty. The Counterparty is maintained as SAP Business
Partner in role "CDOTE Counterparty".

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMMFDOR_DRVTV_ORDER244 - Counterparty reference account &1 not valid for counterparty broker ?

  The SAP error message CMMFDOR_DRVTV_ORDER244 indicates that there is an issue with the counterparty reference account for a broker in a financial transaction. This error typically arises in the context of financial instruments, particularly in the area of treasury and risk management.
  Cause:
  The error message suggests that the counterparty reference account specified in the transaction is not valid for the broker you are trying to use. This can happen due to several reasons:
  
  Incorrect Account Assignment: The counterparty reference account may not be correctly assigned to the broker in the system.
  Inactive or Deleted Account: The account may have been marked as inactive or deleted in the system.
  Configuration Issues: There may be configuration issues in the system that prevent the account from being recognized as valid for the specified broker.
  Data Entry Errors: There could be typographical errors in the account number or broker details entered in the transaction.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Verify Counterparty Account:
  
  Check the counterparty reference account in the system to ensure it is active and correctly configured.
  Ensure that the account is assigned to the correct broker.
  
  
  
  Check Broker Configuration:
  
  Review the configuration settings for the broker in the SAP system. Ensure that the broker is set up to accept the specified counterparty reference account.
  
  
  
  Correct Data Entry:
  
  Double-check the data entered in the transaction for any typographical errors or incorrect information.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help files related to treasury and risk management for specific guidelines on counterparty accounts and brokers.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with counterparty management and broker settings, such as CMM1 (Create Counterparty) or CMM2 (Change Counterparty).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles and Authorizations: Ensure that the user executing the transaction has the necessary roles and authorizations to access and modify counterparty and broker information.
  
  By following these steps, you should be able to identify and resolve the issue causing the error message CMMFDOR_DRVTV_ORDER244.