How To Fix FINSTF_MIG003 - Product type &1 is not defined for product category &2 TF category &3

FINSTF_MIG003 - Overview

• Message type: E = Error

• Message class: FINSTF_MIG - Message class for trade finance migration

• Message number: 003

• Message text: Product type &1 is not defined for product category &2 TF category &3

What causes this issue?

For product category 850 <LS>Letter of Credit</>, there are two trade
finance categories: <LS>Letter of Credit</> and <LS>Standby Letter of
Credit</>. Financial document types can only be mapped with product
types defined for trade finance category <LS>Letter of Credit</> under
product category 850, but the product type you enter does not meet the
requirement.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINSTF_MIG003 - Details

• The SAP error message FINSTF_MIG003 indicates that there is an issue with the configuration of product types in relation to product categories and transaction framework (TF) categories. Specifically, it means that the system cannot find a definition for the specified product type in the context of the given product category and TF category.
  
  Cause:
  
  Missing Configuration: The product type you are trying to use is not defined for the specified product category and TF category in the system.
  Incorrect Mapping: There may be a mismatch or incorrect mapping between product types and product categories in the configuration settings.
  Data Migration Issues: If this error occurs during a data migration process, it could be due to missing or incorrectly migrated data.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (usually in the Customizing Implementation Guide - SPRO).
  Navigate to the relevant section for defining product types and ensure that the product type is correctly defined for the