How To Fix FTR_TCORI_MSG033 - Unknown legal basis &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TCORI_MSG - Treasury: Messaging Interface, Implementations' messages

• Message number: 033

• Message text: Unknown legal basis &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TCORI_MSG033 - Unknown legal basis &1 ?

  The SAP error message FTR_TCORI_MSG033: Unknown legal basis &1 typically occurs in the context of financial transactions, particularly in the area of treasury and risk management. This error indicates that the system has encountered a legal basis (a specific regulatory or legal framework) that is not recognized or defined in the system.
  Cause:
  
  Missing Configuration: The legal basis specified in the transaction is not configured in the system. This could happen if the legal basis was not set up during the initial configuration or if it was deleted or modified.
  Incorrect Input: The user may have entered an incorrect or misspelled legal basis in the transaction.
  Data Migration Issues: If data was migrated from another system, the legal basis may not have been properly transferred or mapped.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP and verify if the legal basis in question is defined. This can typically be found in the customizing settings for treasury and risk management.
  If it is not defined, you will need to create a new entry for the legal basis in the system.
  
  
  
  Correct Input:
  
  Review the transaction where the error occurred and ensure that the legal basis is entered correctly. Check for any typos or incorrect codes.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help files related to treasury and risk management to understand the valid legal bases and their configurations.
  
  
  
  Data Migration Review:
  
  If the error arose after a data migration, review the migration process to ensure that all necessary legal bases were included and correctly mapped.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to treasury and risk management, as they may help in navigating to the configuration settings.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.