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

TPM_TRIL1001 - Overview

• 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.

TPM_TRIL1001 - Details

• 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