How To Fix RMDIAG027 - Financial object &1: A new base portfolio must be generated

SAP Error Message - Details

• Message type: E = Error

• Message class: RMDIAG - RM: Messages from Diagnosis Programs

• Message number: 027

• Message text: Financial object &1: A new base portfolio must be generated

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RMDIAG027 - Financial object &1: A new base portfolio must be generated ?

  The SAP error message RMDIAG027 indicates that a new base portfolio must be generated for a financial object. This error typically arises in the context of SAP's Portfolio Management or Financial Asset Management modules, where the system requires a base portfolio to be established for certain financial objects (like investments, assets, or portfolios) before proceeding with further operations.
  Cause:
  
  Missing Base Portfolio: The financial object you are trying to work with does not have an associated base portfolio. This can happen if the portfolio was not created or if it was deleted or not properly configured.
  Changes in Financial Object: If there have been changes to the financial object that require a new base portfolio to be generated, the system will trigger this error.
  Configuration Issues: There may be configuration issues in the system that prevent the generation of a base portfolio.
  
  Solution:
  
  
  Generate a New Base Portfolio:
  
  Navigate to the relevant transaction in SAP (e.g., transaction code RMDP for Portfolio Management).
  Select the financial object in question and initiate the process to create a new base portfolio.
  Follow the prompts to complete the generation of the base portfolio.
  
  
  
  Check Configuration:
  
  Ensure that the configuration settings for portfolio management are correctly set up. This includes checking the settings for financial objects and ensuring that all necessary parameters are defined.
  Consult with your SAP Basis or configuration team if you suspect there are issues with the setup.
  
  
  
  Review Financial Object:
  
  Verify the status and details of the financial object. Ensure that it is correctly defined and that all required fields are populated.
  If the financial object has been recently modified, check if those changes necessitate a new base portfolio.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions related to your version of SAP and the financial module you are using.
  
  
  
  Contact SAP Support:
  
  If the issue persists after trying the above solutions, consider reaching out to SAP support for further assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RMDP, RMDIAG, or others related to portfolio management.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide patches or additional guidance.
  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 resolve the RMDIAG027 error and successfully generate a new base portfolio for your financial object.