How To Fix TPM_THX1402 - Customizing of general valuation class for product type &1 missing

TPM_THX1402 - Overview

• Message type: E = Error

• Message class: TPM_THX1 - Treasury: Message Class for P-HA

• Message number: 402

• Message text: Customizing of general valuation class for product type &1 missing

What causes this issue?

The necessary Customizing settings have not been made.

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?

To make the missing Customizing settings, navigate to <LS>Financial
Supply Chain Management -> Treasury and Risk Management -> Transaction
Manager -> General Settings -> Hedge Accounting for Positions ->
Settings for Automated Designation of Exposure Items (FX Risk) -> Assign
General Valuation Class to Product Type</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

TPM_THX1402 - Details

• The SAP error message TPM_THX1402 indicates that there is a missing configuration for the general valuation class for a specific product type in the context of Treasury and Risk Management (TRM) or similar modules. This error typically arises when the system is trying to process a transaction or a product that requires a valuation class, but the necessary customizing settings have not been defined.
  
  Cause:
  The error is caused by the absence of a configuration entry in the customizing settings for the valuation class associated with the specified product type. This can happen due to:
  
  Incomplete Customizing: The valuation class for the product type has not been set up in the system.
  Incorrect Product Type: The product type being used may not be correctly defined or may not have the necessary valuation class assigned.
  Transport Issues: If the configuration was recently transported from another system, it may not have included the necessary settings.
  
  
  Solution:
  To resolve the