How To Fix TRTM_CUSTOMIZING029 - Flow type & is defined as not relevant for effective interest

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 029

• Message text: Flow type & is defined as not relevant for effective interest

What causes this issue?

The Customizing check has found that flow type &V1& has been defined as
not relevant for effective interest.

System Response

INCLUDE UNUSUAL_SETTING OBJECT DOKU ID TX LANGUAGE EN

How to fix this error?

INCLUDE NA_SYSADMIN1 OBJECT DOKU ID TX LANGUAGE EN

Procedure for System Administrators

Check the settings for the flow types in Customizing by choosing
<DS:SIMG.SIMG_CFMENUFWMCFZCT>Define Flow Types</>.

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

If a flow type has been defined for one of the following flow
categories, it should be indicated as relevant for effective interest:
A* (however not AA*)
S*
TTEN
TZ
TS
KA
KD
KE
KN
KT
KTR
XCER
The flow types should be indicated as NOT relevant for effective
interest for all the other flow categories. Incoming payment flows
should not be relevant for effective interest irrespective of the flow
category.
Correct the flow type settings.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TRTM_CUSTOMIZING029 - Flow type & is defined as not relevant for effective interest ?

  The SAP error message TRTM_CUSTOMIZING029 indicates that a specific flow type is defined as "not relevant for effective interest" in the context of Treasury and Risk Management (TRM) within SAP. This typically occurs when you are trying to process a transaction that involves effective interest calculations, but the flow type you are using is not configured to be included in those calculations.
  Cause:
  
  Flow Type Configuration: The flow type you are trying to use is set up in the system as not relevant for effective interest calculations. This means that the system will not consider this flow type when calculating interest.
  Transaction Type: The transaction type associated with the flow may not be configured correctly to allow for effective interest calculations.
  Customizing Settings: There may be a gap in the customizing settings related to the effective interest method, which could lead to this error.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Flow Type Configuration:
  
  Go to the customizing settings in SAP (Transaction SPRO).
  Navigate to the relevant section for Treasury and Risk Management.
  Look for the configuration related to flow types and effective interest.
  Ensure that the flow type in question is marked as relevant for effective interest calculations.
  
  
  
  Modify Flow Type Settings:
  
  If the flow type is indeed set as not relevant, you may need to change its settings to make it relevant for effective interest.
  This may involve adjusting the settings in the flow type configuration to include it in the effective interest calculations.
  
  
  
  Review Transaction Type:
  
  Check the transaction type associated with the flow type to ensure it is correctly configured for effective interest.
  Make any necessary adjustments to the transaction type settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Treasury and Risk Management for additional guidance on configuring flow types and effective interest.
  
  
  
  Testing:
  
  After making changes, test the transaction again to ensure that the error is resolved and that effective interest calculations are functioning as expected.
  
  
  
  Related Information:
  
  Effective Interest Method: This is a method used to calculate the interest expense or income over the life of a financial instrument, taking into account the time value of money.
  Flow Types: In SAP TRM, flow types are used to categorize different types of cash flows, and their configuration is crucial for accurate financial reporting and analysis.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional insights into configuring flow types for effective interest.
  
  If you continue to experience issues after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Treasury and Risk Management.