How To Fix TPM_TRAC1762 - Conflict with existing Customizing for update type &1, PT &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 762

• Message text: Conflict with existing Customizing for update type &1, PT &2

What causes this issue?

Update type &V1& is assigned to the following flow type in the operative
valuation area for payment transaction &V2&:
&V3&.
In Customizing for parallel position management, posting specification
&V4& has already been assigned to this update type for valuation area
001.

System Response

The existing Customizing settings are not changed. Any future postings
using the above flow type use the existing account determination.

How to fix this error?

Examine the reasons for the conflict.
If you really do need to have different account determination settings,
you may need a new update type. You then have to assign the new update
type to the flow type. In addition, you have to assign the new posting
specification to the new update type. The new posting specification is
generated in an update run of the conversion step, even if it was not
previously assigned to an update type.

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.