How To Fix TPM_TRAC1510 - No accounting principle for valuation area &2 in accounting code &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 510

• Message text: No accounting principle for valuation area &2 in accounting code &1

What causes this issue?

You have not entered any accounting principles for the assignment of
valuation area &V2& to accounting code &V1& although you want to update
to Financial Accounting.
You must enter an accounting principle to be able to make postings from
Transaction Management to the general ledger in accordance with your
settings.

System Response

Error messages will appear when you try to post data.

How to fix this error?

Enter an accounting principle for the assignment of valuation area &V2&
to accounting code &V1& in Customizing for the <LS>Transaction Manager
</> under <LS>General Settings -> Accounting -> Organization -> Assign
Accounting Codes and Valuation Areas</>.

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 TPM_TRAC1510 - No accounting principle for valuation area &2 in accounting code &1 ?

  The SAP error message TPM_TRAC1510 indicates that there is no accounting principle defined for a specific valuation area in the context of the accounting code. This error typically arises in the context of Treasury and Risk Management (TRM) when dealing with financial instruments or transactions that require specific accounting principles to be applied.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the accounting principle for the specified valuation area has not been configured in the system.
  Incorrect Valuation Area: The valuation area specified in the error message may not be correctly set up or may not correspond to the accounting code being used.
  Data Inconsistency: There may be inconsistencies in the master data or configuration settings that lead to this error.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Treasury and Risk Management.
  Navigate to the section where accounting principles are defined (usually under Financial Accounting or Treasury settings).
  Ensure that the accounting principle