How To Fix TPM_TRG414 - Price/rate type &1 was not defined in Customizing

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 414

• Message text: Price/rate type &1 was not defined in Customizing

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRG414 - Price/rate type &1 was not defined in Customizing ?

  The SAP error message TPM_TRG414 indicates that a specific price or rate type (denoted by &1) has not been defined in the Customizing settings for Treasury and Risk Management (TRM) within SAP. This error typically arises when you are trying to execute a transaction or process that requires a specific price or rate type that has not been configured in the system.
  Cause:
  
  Missing Configuration: The primary cause of this error is that the required price or rate type has not been defined in the Customizing settings for Treasury and Risk Management.
  Incorrect Transaction: The transaction you are trying to execute may be looking for a price or rate type that is not applicable or not set up in your system.
  Data Entry Error: There may be a typo or incorrect entry in the transaction that references the price/rate type.
  
  Solution:
  To resolve the TPM_TRG414 error, follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to Financial Supply Chain Management > Treasury and Risk Management > Transaction Manager > Define Price/Rate Types.
  Verify if the price/rate type that is causing the error is defined. If it is not, you will need to create it.
  
  
  
  Create or Modify Price/Rate Type:
  
  If the price/rate type is missing, create a new entry with the required details.
  If it exists but is not configured correctly, modify it to ensure it meets the requirements of your transaction.
  
  
  
  Check Transaction Data:
  
  Review the transaction data you are entering to ensure that you are using the correct price/rate type.
  Make sure there are no typos or incorrect references.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on the specific price/rate types required for your transactions.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to access and modify Customizing settings.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert.
  
  By following these steps, you should be able to resolve the TPM_TRG414 error and continue with your Treasury and Risk Management processes in SAP.