How To Fix TE056 - The generation of a base portfolio for object no. & was cancelled

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 056

• Message text: The generation of a base portfolio for object no. & was cancelled

What causes this issue?

Basis portfolio determination and generation for the the data transfer
were cancelled because an error appeared in the last tests.

System Response

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

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE056 - The generation of a base portfolio for object no. & was cancelled ?

  The SAP error message TE056, which states "The generation of a base portfolio for object no. & was cancelled," typically occurs in the context of SAP Portfolio Management or SAP Project System when there is an issue with generating a base portfolio for a specific object (like a project or investment).
  Causes:
  
  Incomplete Data: The object for which the base portfolio is being generated may have incomplete or incorrect data. This could include missing master data or configuration settings.
  Authorization Issues: The user may not have the necessary authorizations to perform the action, leading to the cancellation of the process.
  System Configuration: There may be issues with the configuration settings in the system that prevent the successful generation of the base portfolio.
  Technical Errors: There could be underlying technical issues, such as database locks, system performance problems, or bugs in the SAP system.
  
  Solutions:
  
  Check Object Data: Verify that all necessary data for the object is complete and correct. This includes checking master data, project definitions, and any related settings.
  Review Authorizations: Ensure that the user has the appropriate authorizations to generate the base portfolio. This can be checked in the user roles and profiles.
  Configuration Review: Review the configuration settings related to portfolio management to ensure they are set up correctly. This may involve checking settings in transaction codes like OMPA (for portfolio management) or related configuration transactions.
  Check Logs: Look at the system logs (transaction SLG1) for any additional error messages or warnings that could provide more context about why the generation was cancelled.
  Technical Support: If the issue persists, consider reaching out to your SAP Basis or technical support team to investigate any underlying technical issues or to check for known bugs in the version of SAP you are using.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OMPA (for portfolio management) and others that may be related to the specific object type you are working with.
  SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error or provide patches and updates.
  Documentation: Review SAP documentation related to Portfolio Management and Project System for best practices and troubleshooting steps.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.