How To Fix POFO012 - Portfolio determination not defined for trading contract type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: POFO - Portfolio Management

• Message number: 012

• Message text: Portfolio determination not defined for trading contract type &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message POFO012 - Portfolio determination not defined for trading contract type &1 ?

  The SAP error message POFO012 indicates that the system cannot determine a portfolio for a trading contract type because the portfolio determination has not been defined for that specific contract type. This error typically occurs in the context of SAP's Portfolio Management or Financial Services modules, where trading contracts are managed.
  Cause:
  The primary cause of this error is that the system lacks the necessary configuration to link a trading contract type to a specific portfolio. This can happen if:
  
  The portfolio determination settings have not been set up in the system.
  The trading contract type being used does not have an associated portfolio defined in the configuration.
  There may be a mismatch in the configuration settings or missing entries in the relevant tables.
  
  Solution:
  To resolve the error POFO012, you can follow these steps:
  
  
  Check Configuration Settings:
  
  Navigate to the configuration settings for portfolio management in SAP.
  Ensure that the portfolio determination is defined for the specific trading contract type that is causing the error.
  
  
  
  Define Portfolio Determination:
  
  Go to the transaction code SPRO (SAP Project Reference Object).
  Follow the path: Financial Services -> Portfolio Management -> Portfolio Determination.
  Here, you can define the portfolio determination for the relevant trading contract types.
  
  
  
  Assign Portfolio to Trading Contract Type:
  
  Ensure that the trading contract type is correctly assigned to a portfolio. This may involve creating or modifying entries in the relevant configuration tables.
  
  
  
  Check for Missing Entries:
  
  Verify that there are no missing entries in the configuration tables that link trading contract types to portfolios.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 (for fiscal year variant), OBA7 (for document types), or others depending on your specific configuration needs.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring portfolio management and trading contracts.
  Support: If the issue persists after checking the configuration, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the POFO012 error and ensure that your trading contract types are correctly linked to the appropriate portfolios.