How To Fix TRS0043 - No reference update type defined for company code &1, update type &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TRS0 - Messages for Reconciliation

• Message number: 043

• Message text: No reference update type defined for company code &1, update type &2

What causes this issue?

No update type for incoming payment flows (reference update type) has
been defined for flows of update type &v2& in company code &v1&.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Either assign an update type for incoming payment flows for update type
&v2& (database view TRSV_REF_DISFLO), or
Deactivate the generation of incoming payment flows for update type
&v2& (database view TRSV_DFLOWTYPE).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TRS0043 - No reference update type defined for company code &1, update type &2 ?

  The SAP error message TRS0043 indicates that there is no reference update type defined for a specific company code and update type. This error typically arises in the context of the SAP Treasury and Risk Management (TRM) module, particularly when dealing with transaction types or when trying to post transactions that require a reference update.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Configuration: The update type for the specified company code has not been defined in the system. This can happen if the configuration for the Treasury module is incomplete or if the necessary settings have not been maintained.
  Incorrect Transaction Type: The transaction type being used may not be correctly mapped to an update type in the system.
  Data Entry Error: There may be a mistake in the data entry, such as using an incorrect company code or update type.
  
  Solution:
  To resolve the TRS0043 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for Treasury and Risk Management.
  Navigate to the section where update types are defined (usually under "Define Update Types" or similar).
  Ensure that there is a valid entry for the specified company code and update type.
  
  
  
  Define Missing Update Type:
  
  If the update type is missing, you will need to create it. This typically involves:
  
  Accessing the relevant configuration transaction (e.g., SPRO).
  Defining the update type for the company code in question.
  Ensuring that all necessary parameters and settings are correctly configured.
  
  
  
  
  
  Review Transaction Types:
  
  Check the transaction type being used to ensure it is correctly linked to the appropriate update type.
  If necessary, adjust the mapping of transaction types to update types.
  
  
  
  Validate Data Entry:
  
  Double-check the data being entered for the transaction. Ensure that the company code and update type are correct and correspond to the defined settings in the system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on configuring update types and resolving related errors.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO (for configuration) or SE11 (for data dictionary) to check the relevant settings.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or patches related to this error.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the TRS0043 error in your SAP system.