How To Fix RQ434 - 'Security Plan Records' must be selected to execute the update

RQ434 - Overview

• Message type: E = Error

• Message class: RQ - Messages for Cash Management and Forecast

• Message number: 434

• Message text: 'Security Plan Records' must be selected to execute the update

What causes this issue?

Table TRCC_SWITCH shows that the foreign exchange, money market, and
derivatives areas are to be updated to Cash Management via position
management. The update takes place in the same table as the security
plan records (FDC1).

System Response

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

How to fix this error?

To execute the update, you need to select the 'Security Plan Records'
parameter.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

RQ434 - Details

• The SAP error message RQ434, which states that "Security Plan Records must be selected to execute the update," typically occurs in the context of SAP's Risk Management or GRC (Governance, Risk, and Compliance) modules. This error indicates that the system requires specific security plan records to be selected before proceeding with an update or execution of a process.
  
  Cause:
  
  Missing Security Plan Records: The error usually arises when the necessary security plan records are not selected or available for the operation you are trying to perform.
  
  Configuration Issues: There may be a configuration issue in the GRC settings that prevents the selection of the required security plan records.
  Authorization Issues: The user may not have the necessary authorizations to access or select the security plan records.
  
  
  Solution:
  
  Select Security Plan Records: Ensure that you have selected the appropriate security plan records before executing the update. This may involve navigating to the relevant screen in the GRC