How To Fix TPM_TRG059 - Key date: &3 is earlier than the key date of step &1: &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 059

• Message text: Key date: &3 is earlier than the key date of step &1: &2

What causes this issue?

You want to execute the current valuation area-dependent step for the
key date &V3&. However, the valuation area-independent step &V1& has
already been carried out for the later key date &V2&.
The key date for valuation area-dependent steps must be the same as or
later than the key date for the valuation area-independent steps.

System Response

The step cannot be executed.

How to fix this error?

Check the initialization key date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRG059 - Key date: &3 is earlier than the key date of step &1: &2 ?

  The SAP error message TPM_TRG059 indicates that there is a discrepancy between the key date you are trying to use and the key date of a specific step in a transaction or process. This error typically occurs in the context of Treasury and Risk Management (TRM) or similar financial modules where key dates are crucial for processing transactions.
  Cause:
  The error message is triggered when:
  
  You are attempting to execute a transaction or process with a key date (&3) that is earlier than the key date of a previous step (&1: &2). 
  This situation often arises in processes that involve time-sensitive data, such as interest calculations, payment processing, or other financial transactions where the sequence of dates is important.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Key Dates: Review the key dates involved in the transaction. Ensure that the key date you are trying to use (&3) is not earlier than the key date of the previous step (&1: &2).
  
  
  Adjust Key Date: If possible, adjust the key date you are using to a date that is equal to or later than the key date of the previous step.
  
  
  Review Transaction Flow: Ensure that the sequence of transactions is correct. If you are processing multiple steps, verify that they are being executed in the correct order.
  
  
  Consult Documentation: Refer to SAP documentation or help resources specific to the module you are working with for additional context on key dates and their significance.
  
  
  Check Configuration: If the issue persists, check the configuration settings related to the transaction or process in question. There may be specific rules or settings that dictate how key dates are handled.
  
  
  Seek Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific system configuration and business processes.
  
  
  Related Information:
  
  SAP Notes: Look for relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with transaction codes related to Treasury and Risk Management, as they may provide insights into how key dates are managed.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the TPM_TRG059 error and implement a solution to resolve it.