How To Fix RTC_MODEL_01023 - &1 does not exist; enter a valid transaction type

SAP Error Message - Details

• Message type: E = Error

• Message class: RTC_MODEL_01 -

• Message number: 023

• Message text: &1 does not exist; enter a valid transaction type

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RTC_MODEL_01023 - &1 does not exist; enter a valid transaction type ?

  The SAP error message RTC_MODEL_01023 indicates that a specified transaction type does not exist in the system. This error typically occurs in the context of SAP's Real-Time Consolidation (RTC) module, where users are trying to perform operations related to financial transactions or consolidation processes.
  Cause:
  
  Invalid Transaction Type: The transaction type you are trying to use is not defined in the system. This could be due to a typo or because the transaction type has not been set up in the configuration.
  Missing Configuration: The transaction type may not have been configured in the system, or it may have been deleted or deactivated.
  Authorization Issues: The user may not have the necessary authorizations to access the specified transaction type.
  Data Entry Error: The transaction type may have been entered incorrectly, leading to the system not recognizing it.
  
  Solution:
  
  Check Transaction Type: Verify that the transaction type you are trying to use is correctly spelled and exists in the system. You can do this by checking the configuration settings in the RTC module.
  Configuration: If the transaction type does not exist, you may need to create it. This typically involves:
  
  Navigating to the relevant configuration area in the SAP system.
  Defining the new transaction type according to your business requirements.
  
  
  Authorization Check: Ensure that the user has the necessary authorizations to access the transaction type. This may involve checking user roles and permissions in the SAP system.
  Consult Documentation: Refer to the SAP documentation or help resources for guidance on how to set up and manage transaction types in the RTC module.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Transaction Types in RTC: Transaction types are essential for categorizing financial transactions in the RTC module. They determine how transactions are processed and reported.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Training: Ensure that users are trained on how to correctly enter transaction types and understand the implications of their selections in the RTC module.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.