How To Fix TRTM_CUSTOMIZING016 - No corporate action type is defined for corporate action category &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TRTM_CUSTOMIZING - Consistency Check in Customizing by TR-TM

• Message number: 016

• Message text: No corporate action type is defined for corporate action category &1

What causes this issue?

The Customizing check has found that no corporate action type has been
defined for corporate action category &V1&.

System Response

The system cannot work with these settings.

How to fix this error?

INCLUDE NA_SYSADMIN1 OBJECT DOKU ID TX LANGUAGE EN

Procedure for System Administrators

Check the settings for corporate actions in Customizing by choosing
<DS:SIMG.KAP_ART>Define Types of Corporate Actions/>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TRTM_CUSTOMIZING016 - No corporate action type is defined for corporate action category &1 ?

  The SAP error message TRTM_CUSTOMIZING016 indicates that there is no corporate action type defined for a specific corporate action category in the system. This error typically arises in the context of financial transactions, particularly when dealing with corporate actions such as dividends, stock splits, or mergers.
  Cause:
  The error is caused by the absence of a defined corporate action type for the specified corporate action category. This can happen due to:
  
  Missing Configuration: The corporate action type has not been set up in the system for the given category.
  Incorrect Category: The corporate action category being referenced may not be correctly defined or may not correspond to any existing corporate action types.
  Transport Issues: If the configuration was recently transported from another system, it may not have been fully set up or may have been incorrectly transported.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Navigate to the customizing settings for corporate actions in SAP. This is typically found under the path: 
  
  SPRO > Financial Services > Securities > Corporate Actions > Define Corporate Action Types.
  
  
  Verify if the corporate action type for the specified category exists. If it does not, you will need to create it.
  
  
  
  Create Corporate Action Type:
  
  If the corporate action type is missing, create a new entry for it. Ensure that you fill in all required fields correctly, including the action type, description, and any relevant parameters.
  
  
  
  Review Corporate Action Categories:
  
  Check the corporate action categories defined in the system. Ensure that the category you are trying to use is valid and corresponds to the corporate action types you have defined.
  
  
  
  Transport Issues:
  
  If the configuration was recently transported, check the transport logs for any errors. Ensure that all necessary objects were included in the transport request.
  
  
  
  Testing:
  
  After making the necessary changes, test the process again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring corporate actions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: Accessing the SAP Customizing Implementation Guide.
  OBA5: For managing document types, if applicable.
  
  
  Support: If you continue to face issues, consider reaching out to your SAP support team or consulting the SAP Community for additional insights.
  
  By following these steps, you should be able to resolve the TRTM_CUSTOMIZING016 error and ensure that your corporate actions are properly configured in SAP.