How To Fix TPM_TRG031 - Rate valn procedure for FX-forwards &2 does not exist (see long text)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 031

• Message text: Rate valn procedure for FX-forwards &2 does not exist (see long text)

What causes this issue?

A 'rate valuation procedure - forward exchange transaction' step is
defined in position management procedure &V1&. However, procedure &V2&
which is set for this is not defined as a rate valuation procedure for
forward exchange transactions in Customizing.

System Response

The activity is terminated.

How to fix this error?

Remove the "rate valuation - forward exchange transaction" step from
position management procedure &V1& or set a defined rate valuation
procedure for forward exchange transactions.

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_TRG031 - Rate valn procedure for FX-forwards &2 does not exist (see long text) ?

  The SAP error message TPM_TRG031 indicates that there is an issue with the rate valuation procedure for foreign exchange (FX) forwards in the Treasury and Risk Management (TRM) module. This error typically arises when the system cannot find a specified rate valuation procedure for the FX forward transaction you are trying to process.
  Cause:
  
  Missing Rate Valuation Procedure: The specified rate valuation procedure for the FX forward transaction does not exist in the system. This could be due to incorrect configuration or missing entries in the relevant customizing settings.
  Incorrect Transaction Type: The transaction type you are using may not be correctly linked to a valid rate valuation procedure.
  Configuration Issues: There may be issues in the configuration settings related to Treasury and Risk Management, particularly in the area of foreign exchange transactions.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the customizing settings in SAP (Transaction SPRO).
  Navigate to the path: Financial Supply Chain Management > Treasury and Risk Management > Transaction Manager > Valuation > Define Rate Valuation Procedures.
  Ensure that the rate valuation procedure for FX forwards is defined and correctly configured.
  
  
  
  Assign Rate Valuation Procedure:
  
  Ensure that the transaction type you are using for the FX forward is assigned to the correct rate valuation procedure.
  You can check this in the customizing settings under Transaction Manager > Transaction Types.
  
  
  
  Create Missing Procedure:
  
  If the required rate valuation procedure does not exist, you may need to create it based on your business requirements. This involves defining the necessary parameters and settings for the valuation procedure.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to Treasury and Risk Management for detailed guidance on setting up rate valuation procedures.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), TPM1 (Transaction Manager), and TPM2 (Valuation).
  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 in the customizing settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant specializing in Treasury and Risk Management for further assistance.