How To Fix TRS0405 - No update types defined for product type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TRS0 - Messages for Reconciliation

• Message number: 405

• Message text: No update types defined for product type &1

What causes this issue?

You have not defined an update type in Customizing for transferring the
product type of the selected security.

System Response

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

How to fix this error?

Ensure that the correct security identification number was chosen.

Procedure for System Administrators

Enter the product type for the selected security in the Customizing
setting <DS:SIMG.TRSV_SECACCTRANS>
Assign Update Types for Securities Account Transfer</>.

Error message extract from SAP system. Copyright SAP SE.