How To Fix K-061 - The determination procedure for determining issuer risk is missing

SAP Error Message - Details

• Message type: E = Error

• Message class: K- -

• Message number: 061

• Message text: The determination procedure for determining issuer risk is missing

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message K-061 - The determination procedure for determining issuer risk is missing ?

  The SAP error message K-061, which states "The determination procedure for determining issuer risk is missing," typically occurs in the context of financial transactions or risk management within the SAP system, particularly in modules related to Treasury and Risk Management (TRM) or Financial Accounting (FI).
  Cause:
  The error is usually caused by the following reasons:
  
  
  Missing Configuration: The determination procedure for issuer risk has not been defined or is incomplete in the system configuration. This procedure is essential for the system to assess the risk associated with financial instruments or transactions.
  
  
  Incorrect Settings: The settings related to risk management or financial instruments may not be correctly configured, leading to the inability of the system to determine issuer risk.
  
  
  Master Data Issues: There may be issues with the master data related to the financial instruments or counterparties involved in the transaction.
  
  
  Solution:
  To resolve the K-061 error, you can follow these steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for Treasury and Risk Management in SAP.
  Ensure that the determination procedure for issuer risk is defined. This can typically be found under the path: 
  
  SPRO > Financial Supply Chain Management > Treasury and Risk Management > Risk Management > Define Determination Procedures for Issuer Risk.
  
  
  If it is missing, you will need to create or adjust the determination procedure according to your organization's requirements.
  
  
  
  Review Settings:
  
  Verify that all necessary settings related to risk management are correctly configured. This includes checking the risk categories, risk types, and any relevant parameters.
  
  
  
  Check Master Data:
  
  Ensure that the master data for the financial instruments and counterparties is complete and accurate. This includes checking for any missing or incorrect entries that could affect risk determination.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs and that the issuer risk is being determined correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring issuer risk determination procedures.
  
  
  
  Seek Expert Help:
  
  If the issue persists, consider consulting with an SAP expert or your internal SAP support team for further assistance.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  Training and Documentation: Review any training materials or documentation related to Treasury and Risk Management in SAP to ensure that you have a comprehensive understanding of the configuration process.
  Community 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 resolve the K-061 error and ensure that the issuer risk determination procedure is properly configured in your SAP system.