How To Fix TBA_PRICEQUOT034 - Price quotation with time to maturity &1 already exists on price date &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TBA_PRICEQUOT - Messages related to Price Quotation Services

• Message number: 034

• Message text: Price quotation with time to maturity &1 already exists on price date &2

What causes this issue?

A price quotation with the time to maturity &V1& already exists on price
date &V2&, for key date &V3& and DCS ID &V4&.

System Response

The price quotation could not be added to the market data table.

How to fix this error?

Verify which key date is identified by the time to maturity &V1& on
price date &V2&, and adjust the price quotation accordingly.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TBA_PRICEQUOT034 - Price quotation with time to maturity &1 already exists on price date &2 ?

  The SAP error message TBA_PRICEQUOT034 indicates that there is an attempt to create a price quotation for a financial instrument (such as a bond or derivative) that already has an existing price quotation for the same time to maturity on the specified price date. This error typically arises in the context of Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM) modules.
  Cause:
  
  Duplicate Entry: The primary cause of this error is that a price quotation for the same financial instrument, with the same time to maturity, already exists for the specified price date.
  Incorrect Data Entry: There may be a mistake in the data entry process, leading to an attempt to create a duplicate quotation.
  System Configuration: In some cases, system settings or configurations may allow for the creation of duplicate entries, which can lead to this error.
  
  Solution:
  
  Check Existing Quotations: Before creating a new price quotation, check the existing quotations for the same financial instrument, time to maturity, and price date. You can do this by navigating to the relevant transaction in SAP and reviewing the existing entries.
  Modify or Delete Existing Quotation: If a quotation already exists and you need to update it, consider modifying the existing entry instead of creating a new one. If the existing quotation is no longer needed, you may delete it.
  Adjust Data Entry: Ensure that the data being entered is correct and does not lead to duplicates. This may involve validating the time to maturity and price date before submission.
  Consult Documentation: Review SAP documentation or help files related to price quotations to ensure compliance with the required processes.
  Contact Support: If the issue persists and you cannot identify the cause, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing price quotations, such as TBB1 (Create Price Quotation) or TBB2 (Change Price Quotation).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles and Permissions: Ensure that the user attempting to create the quotation has the necessary permissions to do so, as restrictions may also lead to errors.
  
  By following these steps, you should be able to resolve the TBA_PRICEQUOT034 error and successfully manage price quotations in SAP.