How To Fix TPM_TRM2247 - OPEN/CLOSE update types reversed for product type &1 and trans. type &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRM2 - Migration to Enterprise 2.0

• Message number: 247

• Message text: OPEN/CLOSE update types reversed for product type &1 and trans. type &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRM2247 - OPEN/CLOSE update types reversed for product type &1 and trans. type &2 ?

  The SAP error message TPM_TRM2247 indicates that there is a mismatch in the update types for a specific product type and transaction type in the context of Treasury and Risk Management (TRM) within SAP. This error typically arises when the system expects a certain configuration for the update types (OPEN or CLOSE) but finds that they are reversed or incorrectly set.
  Cause:
  
  Configuration Issues: The update types for the specified product type and transaction type may not be configured correctly in the system. This can happen if the settings were changed or not set up properly during the initial configuration.
  Data Entry Errors: Incorrect data entry during transaction creation or modification can lead to this error, especially if the user selects the wrong update type.
  Custom Development: If there are custom developments or enhancements in the system, they might interfere with the standard behavior of the update types.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for Treasury and Risk Management in SAP.
  Verify the settings for the product type and transaction type in question. Ensure that the update types (OPEN/CLOSE) are correctly assigned.
  You can check the configuration in the following path: 
  
  SPRO ? Financial Supply Chain Management ? Treasury and Risk Management ? Transaction Manager ? Define Product Types and Transaction Types.
  
  
  
  
  
  Review Transaction Data:
  
  Check the specific transaction that triggered the error. Look for any discrepancies in the update type settings.
  Ensure that the transaction is being processed with the correct update type as per the configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the TPM_TRM2247 error for any specific guidance or updates that may address the issue.
  
  
  
  Testing:
  
  After making any changes to the configuration, perform tests to ensure that the error no longer occurs and that transactions can be processed correctly.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and transaction data, consider reaching out to SAP support for further assistance. Provide them with the details of the error message and the steps you have already taken.
  
  
  
  Related Information:
  
  Transaction Types: In SAP TRM, transaction types define how financial transactions are processed and reported. Each transaction type can have specific settings that dictate its behavior.
  Product Types: Product types categorize financial instruments and can have different characteristics and processing rules.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or fixes related to this error message.
  
  By following these steps, you should be able to identify and resolve the issue related to the TPM_TRM2247 error message in SAP.