How To Fix TPM_TRPA_POS_CLASS047 - Key date valuation required before contract modification of pos. &1 &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRPA_POS_CLASS - Message Class for Position Classifier

• Message number: 047

• Message text: Key date valuation required before contract modification of pos. &1 &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRPA_POS_CLASS047 - Key date valuation required before contract modification of pos. &1 &2 ?

  The SAP error message TPM_TRPA_POS_CLASS047 indicates that a key date valuation is required before you can modify a contract position in the context of Treasury and Risk Management (TRM) or similar modules. This error typically arises when you attempt to make changes to a position in a contract without having performed the necessary valuation at a specific key date.
  Cause:
  The error occurs due to the following reasons:
  
  Missing Key Date Valuation: The system requires a valuation to be performed at a key date before any modifications can be made to the contract position.
  Contract Position State: The contract position may be in a state that does not allow modifications until a valuation is completed.
  Configuration Issues: There may be configuration settings in the system that enforce this requirement.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Perform Key Date Valuation:
  
  Navigate to the relevant transaction for key date valuation in your SAP system (e.g., transaction code TPM1 for valuation).
  Enter the necessary details, including the key date for which you want to perform the valuation.
  Execute the valuation process to ensure that the contract position is updated with the required valuation data.
  
  
  
  Check Contract Position:
  
  After performing the valuation, check the status of the contract position to ensure it is now eligible for modification.
  You can use transaction codes like TPM3 or TPM4 to view and manage contract positions.
  
  
  
  Review Configuration:
  
  If the issue persists, review the configuration settings related to contract management and valuation in your SAP system. Ensure that the settings align with your business processes and requirements.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on contract management and valuation processes.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (Valuation), TPM3 (Display Contract Position), and TPM4 (Change Contract Position).
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address the issue.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to perform valuations and modify contract positions.
  
  By following these steps, you should be able to resolve the error and proceed with the necessary modifications to the contract position.