How To Fix TPM_TRCO_CTY055 - Tick value entered for exchange &1 is incorrect

TPM_TRCO_CTY055 - Overview

• Message type: E = Error

• Message class: TPM_TRCO_CTY - Message class for Commodity master data

• Message number: 055

• Message text: Tick value entered for exchange &1 is incorrect

What causes this issue?

The tick amount is the minimum change in the price of the underlying per
unit. The tick value is the minimum change in the value of the one whole
derivative contract.
Tick value = Tick amount * Quanity per contract.

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?

Enter the correct tick value. Make sure that the tick value entered is
the correct amount calculated as stated above in quotation currency.

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_TRCO_CTY055 - Tick value entered for exchange &1 is incorrect ?

  The SAP error message TPM_TRCO_CTY055 indicates that the tick value entered for an exchange rate is incorrect. This error typically occurs in the context of Treasury and Risk Management (TRM) when dealing with foreign exchange transactions or currency conversions.
  
  Cause:
  The error can be caused by several factors, including:
  
  Incorrect Tick Value: The tick value (which represents the smallest price increment for a currency pair) entered does not conform to the expected format or range defined in the system.
  
  Configuration Issues: The currency pair may not be properly configured in the system, leading to discrepancies in the expected tick value.
  Data Entry Errors: There may be a simple typographical error in the value entered for the tick.
  Currency Pair Not Supported: The currency pair for which the tick value is being entered may not be supported or may not have been set up correctly in the system.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Verify