How To Fix TBA_BASIS032 - Contract maturity code not valid for derivative contract specification &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TBA_BASIS - Messages Basis Handling

• Message number: 032

• Message text: Contract maturity code not valid for derivative contract specification &1

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TBA_BASIS032 - Contract maturity code not valid for derivative contract specification &1 ?

  The SAP error message TBA_BASIS032 indicates that there is an issue with the contract maturity code for a derivative contract specification in the SAP system. This error typically arises when the maturity code specified for a derivative contract does not match the expected values defined in the system.
  Cause:
  
  Invalid Maturity Code: The maturity code entered for the derivative contract is not valid or does not exist in the system.
  Configuration Issues: The configuration settings for the derivative contract specifications may not be set up correctly, leading to the acceptance of only certain maturity codes.
  Data Entry Errors: There may be typographical errors or incorrect data entry when specifying the maturity code.
  Missing Master Data: The necessary master data for the derivative contract may not be maintained or may be incomplete.
  
  Solution:
  
  Check Maturity Code: Verify the maturity code you are using against the valid codes defined in the system. Ensure that the code is correctly entered and matches the expected format.
  Review Configuration: Check the configuration settings for derivative contracts in the SAP system. Ensure that the maturity codes are correctly defined and that the contract specifications are set up to accept the codes you are trying to use.
  Correct Data Entry: If there are any typographical errors, correct them and try to save or process the contract again.
  Maintain Master Data: Ensure that all necessary master data related to the derivative contract is properly maintained in the system. This includes checking for any missing or incomplete entries that could affect the validity of the maturity code.
  Consult Documentation: Refer to SAP documentation or help resources for specific details on valid maturity codes and how to configure them.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like TBB1 (for creating a derivative contract) or TBB2 (for changing a derivative contract) to review and correct the contract details.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling maturity codes for derivative contracts.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the issue related to the TBA_BASIS032 error message in SAP.