How To Fix TAN_TCC1140 - No spot data available since no settlement price quoted on &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TAN_TCC1 - Commodity Curve Message Class

• Message number: 140

• Message text: No spot data available since no settlement price quoted on &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TAN_TCC1140 - No spot data available since no settlement price quoted on &1 ?

  The SAP error message TAN_TCC1140 indicates that there is no spot data available for a specific financial transaction because no settlement price has been quoted for the relevant date or instrument. This error typically arises in the context of Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM) modules, particularly when dealing with financial instruments that require pricing data for valuation or settlement.
  Cause:
  
  
  Missing Settlement Price: The primary cause of this error is that the system cannot find a settlement price for the specified date or financial instrument. This could be due to:
  
  The settlement price not being maintained in the system.
  The data not being updated or imported correctly from external sources.
  The financial instrument not being traded or quoted on that specific date.
  
  
  
  Incorrect Configuration: There may be issues with the configuration of the pricing or market data services in SAP, leading to the inability to retrieve the necessary data.
  
  
  Data Availability: The market data provider may not have provided the required settlement prices for the specified date.
  
  
  Solution:
  
  
  Check Settlement Prices: Verify if the settlement prices for the relevant financial instrument and date are maintained in the system. You can do this by:
  
  Navigating to the relevant transaction or report where settlement prices are maintained.
  Ensuring that the prices are correctly entered and active for the required date.
  
  
  
  Update Market Data: If the settlement prices are missing, you may need to update the market data:
  
  Import the latest market data from your data provider.
  Ensure that the data import process is functioning correctly and that there are no errors during the import.
  
  
  
  Configuration Review: Review the configuration settings related to market data and pricing in SAP:
  
  Check if the market data service is correctly set up and linked to the financial instruments.
  Ensure that the pricing types and valuation methods are correctly configured.
  
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to maintain settlement prices and troubleshoot related issues.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing market data, such as:
  
  TPM1 for maintaining market data.
  TPM2 for displaying market data.
  
  
  
  Market Data Providers: Ensure that you have a reliable market data provider and that the integration with SAP is functioning correctly.
  
  
  Documentation: Review SAP Notes and Knowledge Base Articles related to TAN_TCC1140 for any specific patches or updates that may address this issue.
  
  
  By following these steps, you should be able to resolve the TAN_TCC1140 error and ensure that your financial transactions can proceed without issues related to missing settlement prices.