How To Fix TPM_TRIL1001 - Update type for position management procedure &1 not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRIL1 - Messages from the Income Ledger

• Message number: 001

• Message text: Update type for position management procedure &1 not defined

What causes this issue?

In the IMG activity "Assign Update Types for Hedge Accounting', an
update type required for position management procedure &V1& was not
assigned. It concerns the field with number &V2&.

System Response

The system cannot perform hedge accounting.

How to fix this error?

In Customizing, check the assignment of the update types.

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_TRIL1001 - Update type for position management procedure &1 not defined ?

  The SAP error message TPM_TRIL1001 indicates that the update type for the position management procedure specified in the message is not defined. This error typically occurs in the context of Treasury and Risk Management (TRM) when dealing with position management procedures in SAP.
  Cause:
  
  Missing Configuration: The update type for the specified position management procedure has not been defined in the system. This could be due to incomplete configuration during the setup of the Treasury module.
  Incorrect Procedure Reference: The position management procedure referenced in the transaction or report may not exist or may have been incorrectly specified.
  Transport Issues: If the configuration was transported from another system, there may have been issues during the transport that led to missing definitions.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Treasury and Risk Management.
  Navigate to the section for position management procedures and ensure that the update type is defined for the specified procedure.
  If it is missing, you will need to create or define the update type.
  
  
  
  Verify Procedure:
  
  Ensure that the position management procedure you are trying to use is correctly defined and active in the system.
  Check for any typos or incorrect references in the transaction or report that triggered the error.
  
  
  
  Transport Check:
  
  If the configuration was recently transported, check the transport logs for any errors or issues.
  Ensure that all necessary objects and configurations were included in the transport request.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on how to define update types for position management procedures.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue through configuration, consider reaching out to SAP support for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like TPM1, TPM2, or TPM3 to access the relevant configuration areas for Treasury and Risk Management.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings in the Treasury module.
  
  By following these steps, you should be able to identify and resolve the issue related to the TPM_TRIL1001 error message in SAP.