How To Fix LM338 - Characteristic &1 does not exist in Market Risk

SAP Error Message - Details

• Message type: E = Error

• Message class: LM - Treasury: Limit Management

• Message number: 338

• Message text: Characteristic &1 does not exist in Market Risk

What causes this issue?

The characteristic you entered does not exist in the active analysis
structure in Market Risk Management.

System Response

The system cannot save the characteristic for the limit system.

How to fix this error?

Check your spelling, or use the input help to select from the permitted
characteristics in Market Risk Management.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message LM338 - Characteristic &1 does not exist in Market Risk ?

  The SAP error message LM338, which states "Characteristic &1 does not exist in Market Risk," typically occurs in the context of SAP's Market Risk Management (MRM) module. This error indicates that the system is trying to access a characteristic (a specific attribute or property) that has not been defined or does not exist in the system's configuration.
  Cause:
  
  Missing Characteristic: The characteristic referenced by &1 is not defined in the system. This could be due to a configuration oversight or an incomplete setup.
  Incorrect Configuration: The characteristic may have been deleted or not properly configured in the Market Risk Management settings.
  Data Entry Error: There may be a typo or incorrect reference in the transaction or report that is trying to access the characteristic.
  Transport Issues: If the system has recently undergone a transport of changes, the characteristic may not have been included or properly transported.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for Market Risk Management in SAP.
  Verify that the characteristic in question is defined and correctly configured.
  If it is missing, you may need to create it or restore it from a backup.
  
  
  
  Review Transaction/Report:
  
  Check the transaction or report that triggered the error. Ensure that the characteristic is correctly referenced and that there are no typos.
  If you are using a custom report or transaction, review the code to ensure it is correctly accessing the characteristics.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for Market Risk Management to understand the expected characteristics and their configurations.
  
  
  
  Transport Management:
  
  If the issue arose after a transport, check the transport logs to ensure that all necessary objects were included in the transport.
  If needed, re-transport the missing characteristic or related configuration.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support for assistance. Provide them with the error message and any relevant details about your configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for Market Risk Management, such as RMMD (Market Risk Management) or RMMR (Market Risk Management Reports).
  SAP Notes: Search for SAP Notes related to error LM338 in the SAP Support Portal, as there may be specific patches or updates that address this 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 LM338 error and implement a solution to resolve it.