How To Fix LM265 - Default risk rule &1 is not defined in Customizing

SAP Error Message - Details

• Message type: E = Error

• Message class: LM - Treasury: Limit Management

• Message number: 265

• Message text: Default risk rule &1 is not defined in Customizing

What causes this issue?

Default risk rule &V1& is not defined in Customizing.

System Response

The default risk rule cannot be stored as a suggested value for
reservations.

How to fix this error?

Use the input help to choose a default risk rule.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message LM265 - Default risk rule &1 is not defined in Customizing ?

  The SAP error message LM265, which states "Default risk rule &1 is not defined in Customizing," typically occurs in the context of SAP's Risk Management or Credit Management modules. This error indicates that the system is trying to reference a risk rule that has not been defined in the system's Customizing settings.
  Cause:
  
  Missing Configuration: The specific risk rule referenced by the placeholder &1 has not been set up in the Customizing settings of the SAP system.
  Incorrect Configuration: The risk rule may have been incorrectly configured or deleted.
  Transport Issues: If the configuration was transported from another system, it may not have been included or may have failed during the transport process.
  
  Solution:
  To resolve the LM265 error, follow these steps:
  
  
  Check Customizing Settings:
  
  Navigate to the Customizing settings in SAP (Transaction SPRO).
  Go to the relevant section for Risk Management or Credit Management.
  Look for the configuration related to risk rules and verify if the rule referenced in the error message exists.
  
  
  
  Define the Risk Rule:
  
  If the risk rule does not exist, you will need to create it. This typically involves defining the parameters and conditions for the risk rule.
  Ensure that you save your changes and transport them if necessary.
  
  
  
  Review Transport Requests:
  
  If the configuration was supposed to be transported from another system, check the transport requests to ensure that the risk rule was included and successfully imported.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for guidance on how to set up risk rules properly.
  
  
  
  Check Authorizations:
  
  Ensure that you have the necessary authorizations to view and modify the Customizing settings.
  
  
  
  Testing:
  
  After making the necessary changes, test the functionality to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), OVA2 (Define Risk Rules), and others that may be pertinent to your specific SAP module.
  SAP Notes: Check the SAP Support Portal for any notes related to LM265, as there may be specific patches or updates that address this issue.
  Community Forums: Consider visiting SAP Community forums or other user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to resolve the LM265 error and ensure that the necessary risk rules are properly defined in your SAP system.