How To Fix CRM_PRODUCT_FINANCE073 - Set type "Financing: Type" does not exist for product &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 073

• Message text: Set type "Financing: Type" does not exist for product &1

What causes this issue?

Field <ZK>Financign Product Type</> in set type CRM_PROD_FINTY
(Financing: Type) is not maintained for product &v1&. However, this is
required, so that it is possible to distinguish among financing products
of the three types:
financing, financing option and financing template.

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?

Maintain the missing financing product for product &v1& type in the
Product Workbench.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CRM_PRODUCT_FINANCE073 - Set type "Financing: Type" does not exist for product &1 ?

  The SAP error message CRM_PRODUCT_FINANCE073 indicates that there is an issue with the financing type associated with a product in the SAP CRM system. Specifically, the error states that the set type "Financing: Type" does not exist for the specified product.
  Cause:
  
  Missing Set Type: The financing type that is being referenced for the product does not exist in the system. This could be due to incorrect configuration or missing entries in the relevant tables.
  Incorrect Product Configuration: The product may not have been properly configured to include a financing type, or the financing type may have been deleted or not created.
  Data Inconsistency: There may be inconsistencies in the data where the product is expected to have a financing type, but it is not defined.
  
  Solution:
  
  
  Check Set Type Configuration:
  
  Go to the configuration settings in SAP and check if the financing type set is defined correctly.
  Use transaction code SPRO to navigate to the relevant configuration settings for product finance.
  
  
  
  Create or Maintain Set Type:
  
  If the financing type does not exist, you may need to create it. This can typically be done in the customizing settings under the relevant area for product finance.
  Ensure that the financing type is properly defined and activated.
  
  
  
  Assign Financing Type to Product:
  
  If the financing type exists but is not assigned to the product, you will need to assign it. This can be done in the product master data.
  Use transaction code CRMD_ORDER or CRMD_ORDERADM_H to access the product details and assign the correct financing type.
  
  
  
  Check for Data Consistency:
  
  Ensure that there are no inconsistencies in the product data. You may need to run consistency checks or reports to identify any issues.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to product finance and set types for any additional guidance or troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CRMD_ORDER, CRMD_ORDERADM_H, and SPRO for configuration.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and modify product finance settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who specializes in SAP CRM.