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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1402 - Customizing of general valuation class for product type &1 missing ?

  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 error TPM_THX1402, follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to the relevant section for Treasury and Risk Management or the specific module you are working with.
  Look for the configuration related to "Valuation Classes" or "Product Types".
  Ensure that the general valuation class for the specified product type is defined.
  
  
  
  Define Valuation Class:
  
  If the valuation class is missing, you will need to create it.
  Assign the appropriate valuation class to the product type in the customizing settings.
  
  
  
  Validate Product Type:
  
  Ensure that the product type you are trying to use is correctly defined and active in the system.
  Check if there are any dependencies or prerequisites that need to be fulfilled for the product type.
  
  
  
  Transport Requests:
  
  If the configuration was recently transported, verify that the transport request included all necessary objects and settings.
  If needed, re-transport the configuration or manually adjust the settings in the target system.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO (to access the IMG) or specific transaction codes related to Treasury and Risk Management for configuration.
  Documentation: Refer to SAP documentation or help guides related to Treasury and Risk Management for detailed steps on configuring valuation classes and product types.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  If the issue persists after following these steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.