How To Fix TPM_TRG007 - No general valuation class was defined for valuation class &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRG - Treasury Position Management: Cross-Package Messages

• Message number: 007

• Message text: No general valuation class was defined for valuation class &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRG007 - No general valuation class was defined for valuation class &1 ?

  The SAP error message TPM_TRG007 indicates that there is no general valuation class defined for the specified valuation class in the context of Treasury and Risk Management (TRM) or Financial Instruments. This error typically arises when you are trying to process a transaction or a financial instrument that requires a valuation class, but the system cannot find a corresponding general valuation class.
  Cause:
  
  Missing Configuration: The most common cause of this error is that the valuation class you are trying to use has not been properly configured in the system.
  Incorrect Valuation Class: The valuation class specified in the transaction may not exist or may not be correctly linked to a general valuation class.
  Master Data Issues: The master data for the financial instrument or transaction may be incomplete or incorrectly set up.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Valuation Class Configuration:
  
  Go to the configuration settings in SAP for Treasury and Risk Management.
  Navigate to the section where valuation classes are defined (usually under Financial Accounting or Treasury).
  Ensure that the valuation class in question is defined and linked to a general valuation class.
  
  
  
  Define General Valuation Class:
  
  If the general valuation class is missing, you will need to create it.
  Use transaction code OBYC to access the configuration for automatic postings.
  Check the settings for the valuation class and ensure that it is assigned to a general valuation class.
  
  
  
  Review Master Data:
  
  Check the master data for the financial instruments or transactions that are causing the error.
  Ensure that all required fields are filled out correctly, including the valuation class.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBYC (for automatic postings) and TPM1 (for Treasury Management).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the TPM_TRG007 error and ensure that your valuation classes are correctly configured in SAP.