How To Fix TPM_TRAC1210 - Accounting principle does not exist (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRAC1 - Treasury: Messages on Accounting Adaptor

• Message number: 210

• Message text: Accounting principle does not exist (see long text)

What causes this issue?

In the IMG activity <ZK>Assign Accounting Codes and Valuation Areas</>,
the accounting principle &V3& has been defined for accounting code &V1&
and valuation area &V2&. However, this accounting principle has not
been defined in the system.

System Response

Processing is terminated.

How to fix this error?

Define the accounting principle &V3&, enter an accounting principle
that has already been defined, or leave the <ZK>Accounting Principle</>
field blank.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRAC1210 - Accounting principle does not exist (see long text) ?

  The SAP error message TPM_TRAC1210, which states "Accounting principle does not exist (see long text)," typically occurs in the context of Treasury and Risk Management (TRM) when there is an issue related to the accounting principles defined in the system. This error can arise during various transactions, such as when processing financial instruments or executing accounting entries.
  Cause:
  
  Missing Accounting Principle: The accounting principle that is being referenced in the transaction does not exist in the system. This could be due to incorrect configuration or missing entries in the relevant tables.
  Incorrect Configuration: The configuration settings for the accounting principles may not be set up correctly, leading to the system not recognizing the accounting principle.
  Data Inconsistency: There may be inconsistencies in the data, such as missing or incorrect entries in the master data or transaction data that reference the accounting principle.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for accounting principles in the SAP system. This can typically be found under the path: SPRO > Financial Accounting > Financial Accounting Global Settings > Ledgers > Define Accounting Principles.
  Ensure that the accounting principle you are trying to use is defined and active.
  
  
  
  Create or Modify Accounting Principle:
  
  If the accounting principle does not exist, you may need to create it. Ensure that you have the necessary authorizations to make changes in the configuration.
  If it exists but is not configured correctly, modify the settings as needed.
  
  
  
  Review Master Data:
  
  Check the master data related to the financial instruments or transactions you are processing. Ensure that the accounting principle is correctly assigned to the relevant master records.
  
  
  
  Consult Long Text:
  
  The error message suggests checking the long text for more details. This can provide specific information about what is missing or misconfigured.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (for defining accounting principles) or TPM1 (for managing financial instruments) to access the relevant configuration areas.
  SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  Documentation: Refer to SAP documentation or help files related to Treasury and Risk Management for more context on accounting principles and their configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Treasury and Risk Management.