How To Fix TAN_TCC1044 - Market identifier code is not specified

SAP Error Message - Details

• Message type: E = Error

• Message class: TAN_TCC1 - Commodity Curve Message Class

• Message number: 044

• Message text: Market identifier code is not specified

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TAN_TCC1044 - Market identifier code is not specified ?

  The SAP error message TAN_TCC1044, which states "Market identifier code is not specified," typically occurs in the context of financial transactions or asset management within SAP systems, particularly when dealing with securities or financial instruments. This error indicates that a required market identifier code (MIC) is missing from the transaction or configuration.
  Cause:
  
  Missing Market Identifier Code: The most common cause of this error is that the market identifier code, which is necessary for identifying the market where a security is traded, has not been specified in the relevant transaction or configuration.
  Incorrect Configuration: The system may not be properly configured to recognize the market identifier codes for the securities being processed.
  Data Entry Error: There may be a data entry error where the MIC was not entered or was entered incorrectly.
  
  Solution:
  
  Check Transaction Data: Review the transaction data where the error occurred. Ensure that the market identifier code is specified correctly. This may involve checking the relevant fields in the transaction screen.
  Update Configuration: If the MIC is not configured in the system, you may need to add it. This can typically be done in the customizing settings of the SAP system:
  
  Navigate to the relevant configuration area (e.g., SPRO).
  Look for settings related to financial instruments or securities.
  Ensure that the market identifier codes are defined and correctly linked to the relevant securities.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to enter or configure market identifier codes.
  Contact Support: If the issue persists after checking the above, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  Related Information:
  
  Market Identifier Code (MIC): A unique code used to identify a specific trading venue or market. It is essential for transactions involving securities to ensure that trades are executed in the correct market.
  SAP Modules: This error may be encountered in modules such as SAP Financial Services (FS), SAP Treasury and Risk Management (TRM), or SAP Investment Management (IM).
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in troubleshooting, such as SE11 (Data Dictionary), SE80 (Object Navigator), or specific transaction codes related to financial transactions.
  
  By addressing the missing market identifier code and ensuring proper configuration, you should be able to resolve the TAN_TCC1044 error in your SAP system.