How To Fix FINS_CREDIT_MIG042 - Missing risk class entry : &1

FINS_CREDIT_MIG042 - Overview

• Message type: E = Error

• Message class: FINS_CREDIT_MIG - Credit Management Migration

• Message number: 042

• Message text: Missing risk class entry : &1

What causes this issue?

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

System Response

How to fix this error?

You can make the necessary changes in the following Customizing
activity:
<DS:SIMG.FIN_CR_RISK_CLASS>Create Risk Classes</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_CREDIT_MIG042 - Details

• The SAP error message FINS_CREDIT_MIG042 indicates that there is a missing risk class entry for a specific entity or object in the system. This error typically arises during processes related to credit management, particularly when migrating data or performing credit checks.
  
  Cause:
  The error occurs when the system attempts to access a risk class that has not been defined or is missing in the configuration. Risk classes are used in credit management to categorize customers or business partners based on their creditworthiness and risk profile. If the required risk class is not set up in the system, the error will be triggered.
  
  Solution:
  To resolve the FINS_CREDIT_MIG042 error, you can follow these steps:
  
  
  Check Risk Class Configuration:
  
  Navigate to the configuration settings for risk classes in SAP. This can typically be found under the path: 
  SPRO > Financial Supply Chain Management > Credit Management > Basic Settings > Define Risk Classes.
  
  
  Ensure that the risk class referenced