How To Fix TPM_TRPA_POS_CLASS050 - Update type is missing for the contract modific.; check Custom. settings

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRPA_POS_CLASS - Message Class for Position Classifier

• Message number: 050

• Message text: Update type is missing for the contract modific.; check Custom. settings

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRPA_POS_CLASS050 - Update type is missing for the contract modific.; check Custom. settings ?

  The SAP error message "TPM_TRPA_POS_CLASS050 Update type is missing for the contract modification; check Custom settings" typically occurs in the context of Treasury and Risk Management (TRM) when dealing with contract modifications in SAP. This error indicates that the system is unable to find a valid update type for the specific contract modification you are trying to process.
  Cause:
  
  Missing Configuration: The update type for the contract modification may not be defined in the system. This can happen if the necessary customizing settings have not been set up correctly.
  Incorrect Customizing Settings: The customizing settings for the contract types or update types may be incorrectly configured or missing.
  Transport Issues: If the configuration was recently transported from another system, it may not have been transported correctly, leading to missing settings.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (IMG) by using transaction code SPRO.
  Navigate to the following path: Financial Supply Chain Management -> Treasury and Risk Management -> Transaction Manager -> Contract Management -> Define Update Types.
  Ensure that the update type for the contract modification is defined and correctly configured.
  
  
  
  Define Update Type:
  
  If the update type is missing, you will need to create it. Make sure to define the necessary parameters and link it to the appropriate contract type.
  
  
  
  Review Contract Types:
  
  Check the contract types that are being used in your transaction. Ensure that they are correctly linked to the update types in the customizing settings.
  
  
  
  Transport Requests:
  
  If the issue arose after a transport, check the transport logs to ensure that all necessary objects were transported correctly. If something is missing, you may need to re-transport the relevant customizing settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to Treasury and Risk Management for any specific requirements or additional configurations that may be needed.
  
  
  
  Testing:
  
  After making the necessary changes, test the contract modification process again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Support: If you are unable to resolve the issue, consider reaching out to SAP support for assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the error message TPM_TRPA_POS_CLASS050 in your SAP system.