How To Fix /PM0/ALT_CM_MESSAGE009 - The transfer type for dividends is not defined for the product

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALT_CM_MESSAGE -

• Message number: 009

• Message text: The transfer type for dividends is not defined for the product

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 /PM0/ALT_CM_MESSAGE009 - The transfer type for dividends is not defined for the product ?

  The SAP error message /PM0/ALT_CM_MESSAGE009 indicates that the transfer type for dividends is not defined for a specific financial product in the system. This error typically arises in the context of asset management, investment management, or financial instruments where dividends are involved.
  Cause:
  
  Missing Configuration: The transfer type for dividends has not been defined in the system for the specific financial product you are working with.
  Incorrect Product Type: The product type may not be set up to handle dividends, or it may not be correctly linked to the dividend transfer type.
  Data Entry Error: There may be a mistake in the data entry or configuration that leads to the system not recognizing the transfer type.
  
  Solution:
  
  
  Define Transfer Type:
  
  Go to the configuration settings in SAP (usually through transaction codes like SPRO).
  Navigate to the relevant section for financial products or dividend management.
  Define the transfer type for dividends for the specific product. This may involve specifying how dividends should be processed and recorded in the system.
  
  
  
  Check Product Configuration:
  
  Ensure that the financial product in question is correctly configured to handle dividends.
  Verify that the product type is linked to the appropriate transfer type for dividends.
  
  
  
  Review Master Data:
  
  Check the master data for the financial product to ensure that all necessary fields are filled out correctly.
  Look for any inconsistencies or missing information that could lead to this error.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on setting up transfer types and managing dividends.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), SE11 (for data dictionary), and SE80 (for object navigator) to help navigate the system.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to make changes to the configuration settings.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By addressing the configuration and ensuring that the transfer type for dividends is properly defined, you should be able to resolve the error message and proceed with your transactions.