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 areas and ensure that the valuation currency is set for the specified valuation area.
  
  
  
  Define Valuation Currency for TAC:
  
  Access the transaction code OTC1 (or the relevant configuration path) to define the valuation currency for the specific Transaction Activity Code (TAC).
  Ensure that the TAC in question has a valuation currency assigned to it.
  
  
  
  Review Master Data:
  
  Check the master data for the financial instruments or transactions that are causing the error. Ensure that all necessary fields, including valuation currency, are correctly filled out.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Treasury and Risk Management for any additional configuration steps that may be required.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Activity Codes (TAC): These are used to classify different types of transactions in Treasury and Risk Management. Each TAC can have specific settings, including valuation currencies.
  Valuation Areas: These are organizational units in SAP that define how financial transactions are valued. Each valuation area can have its own currency settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.