How To Fix CRM_PRODUCT_FINANCE023 - No entry for residual value groups

CRM_PRODUCT_FINANCE023 - Overview

• Message type: E = Error

• Message class: CRM_PRODUCT_FINANCE - Message Class for CRM_PRODUCT_FINANCE Development Class

• Message number: 023

• Message text: No entry for residual value groups

What causes this issue?

In Customizing table CRMC_RESIDVLGR, no entry is defined for the
residual value groups.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Make the entries.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

CRM_PRODUCT_FINANCE023 - Details

• The SAP error message CRM_PRODUCT_FINANCE023 indicates that there is no entry for the specified residual value groups in the system. This error typically arises in the context of product finance or valuation in SAP CRM (Customer Relationship Management) when trying to process or manage products that have financial implications.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the residual value group has not been defined in the system. This could be due to a lack of configuration in the relevant customizing settings.
  Incorrect Data Entry: The residual value group being referenced may have been incorrectly entered or may not exist in the system.
  Master Data Issues: The product master data may not be correctly set up to include the necessary financial information, including the residual value group.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings in SAP and ensure that the residual value groups are defined correctly. This can typically be found under