/ACCGO/PRC_MC061 - MTM curve mandatory to fetch provisional basis price

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SAP Error Message - Details

  • Message type: E = Error

  • Message class: /ACCGO/PRC_MC -

  • Message number: 061

  • Message text: MTM curve mandatory to fetch provisional basis price

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  • Self-Explanatory Message

    Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

    Unfortunately, there isn't any extra information in this error notice.



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AnswerBot

  • What is the cause and solution for SAP error message /ACCGO/PRC_MC061 - MTM curve mandatory to fetch provisional basis price ?

    The SAP error message /ACCGO/PRC_MC061 MTM curve mandatory to fetch provisional basis price typically occurs in the context of the Market-to-Market (MTM) functionality in SAP, particularly when dealing with pricing and valuation of financial instruments or commodities. This error indicates that a mandatory MTM curve is not defined or is missing, which is necessary to fetch the provisional basis price for the valuation process.

    Cause:

    1. Missing MTM Curve: The most common cause of this error is that the required MTM curve has not been defined in the system.
    2. Incorrect Configuration: The configuration settings for the MTM curves may be incorrect or incomplete.
    3. Data Inconsistency: There may be inconsistencies in the data related to the financial instruments or commodities being processed.
    4. Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the MTM curves.

    Solution:

    1. Define MTM Curve:

      • Go to the relevant configuration transaction in SAP (usually in the customizing area).
      • Navigate to the section where MTM curves are defined (this may vary based on your specific SAP version).
      • Ensure that the required MTM curve is created and properly configured.
    2. Check Configuration:

      • Review the configuration settings for the MTM curves to ensure they are set up correctly.
      • Make sure that the curve is linked to the relevant pricing procedures and valuation methods.
    3. Data Validation:

      • Validate the data for the financial instruments or commodities to ensure that all necessary information is present and correct.
      • Check for any missing or incorrect entries that could lead to this error.
    4. User Authorizations:

      • Verify that the user encountering the error has the necessary authorizations to access and use the MTM curves.
      • If not, work with your SAP security team to grant the appropriate permissions.
    5. Consult Documentation:

      • Refer to SAP documentation or help resources for specific guidance on setting up and troubleshooting MTM curves.
    6. Contact SAP Support:

      • If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.

    Related Information:

    • MTM (Mark-to-Market): This is a method of measuring the fair value of accounts that can fluctuate over time, such as assets and liabilities.
    • Provisional Basis Price: This is a temporary price used for valuation purposes until a final price is determined.
    • SAP Modules: This error is often encountered in modules related to Financial Supply Chain Management (FSCM), Treasury and Risk Management (TRM), or Commodity Management.

    By addressing the above points, you should be able to resolve the error and ensure that the MTM curves are correctly set up for your pricing and valuation processes in SAP.

  • AnswerBot is an artificial intelligence solution provided by tomco.ai.
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