How To Fix TPM_TRL034 - No valuation currency for TAC &1, valuation area: &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRL - Messages Class Treasury Ledger

• Message number: 034

• Message text: No valuation currency for TAC &1, valuation area: &2

What causes this issue?

In Customizing, there is no valuation currency defined for Treasury
Accounting code &V1& and valuation area &V2&.

System Response

The activity cannot be executed.

How to fix this error?

Maintain the valuation currency in Customizing and carry out the
activity again.

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_TRL034 - No valuation currency for TAC &1, valuation area: &2 ?

  The SAP error message TPM_TRL034 indicates that there is no valuation currency defined for a specific Transaction Activity Code (TAC) in the specified valuation area. This error typically occurs in the context of Treasury and Risk Management (TRM) when trying to process transactions that require a valuation currency.
  
  Cause:
  
  Missing Valuation Currency: The primary cause of this error is that the valuation currency for the specified TAC and valuation area has not been set up in the system.
  
  Configuration Issues: There may be issues in the configuration settings related to the Treasury module, particularly in the settings for valuation areas and transaction activity codes.
  Data Inconsistencies: There could be inconsistencies or missing data in the master data related to the financial instruments or transactions being processed.
  
  
  Solution:
  To resolve the TPM_TRL034 error, you can follow these steps:
  
  
  Check Valuation Area Configuration:
  
  Go to the configuration settings for Treasury and Risk Management.
  Navigate to the section where you define valuation