How To Fix CRM_PRODUCT_FINANCE122 - Product &1 does not belong to category 03 "Financing" or 07 "FS Product"

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 122

• Message text: Product &1 does not belong to category 03 "Financing" or 07 "FS Product"

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CRM_PRODUCT_FINANCE122 - Product &1 does not belong to category 03 "Financing" or 07 "FS Product" ?

  The SAP error message CRM_PRODUCT_FINANCE122 indicates that the product you are trying to work with does not belong to the required categories for financing. Specifically, it states that the product must belong to category "03" (Financing) or "07" (FS Product) to proceed with the operation you are attempting.
  Cause:
  
  Incorrect Product Category: The product you are trying to use is not classified under the required categories (03 or 07). This could be due to incorrect product setup or categorization in the system.
  Data Entry Error: There may have been a mistake during the data entry process, leading to the product being assigned to a different category.
  Configuration Issues: The system configuration may not be set up correctly to recognize the product as a financing product.
  
  Solution:
  
  
  Check Product Category:
  
  Go to the product master data in SAP and verify the category assigned to the product. Ensure that it is set to either "03" (Financing) or "07" (FS Product).
  If the product is incorrectly categorized, you may need to change its category to one of the required types.
  
  
  
  Update Product Master Data:
  
  If the product is not categorized correctly, you can update the product master data to assign it to the correct category. This typically requires appropriate authorization.
  
  
  
  Consult with Configuration Team:
  
  If you are unsure about how to change the product category or if the product should indeed belong to one of the financing categories, consult with your SAP configuration team or a functional consultant who specializes in product management.
  
  
  
  Review Documentation:
  
  Check any relevant documentation or guidelines within your organization regarding product categorization to ensure compliance with internal standards.
  
  
  
  Testing:
  
  After making changes, test the process again to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like CRMD_ORDER or CRMD_ORDERADM_H to access the product data.
  Authorization: Ensure you have the necessary permissions to make changes to product master data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Training: If this is a recurring issue, consider training for users involved in product management to minimize data entry errors.
  
  By following these steps, you should be able to resolve the error and ensure that the product is correctly categorized for financing purposes.