update types - money market

[Former Member]

Hi Gurus,

I keep getting an error on the money market side with regard to flow type 1120(final repayment). To which kind of update type should this be assigned i.e. what update type and what usage should I apply to the update type.

Regards

[Former Member · Accepted solution]

Hi Victor,

Can you elaborate more on your error. For the flow type 1120, you need to assign it to your custom update type. Generally it will be like MM1120 + or - for SAP pre defined. Also assign your flow type to transaction type.

Assign it to transaction Management usage. Maintain correct Posting specifications and also G/L account.

Regards,

Ravi

[Former Member · Accepted solution]

HI Ravi,

I have correctly assigned the update types now but get an error - No Accounting code was defined for company code . Have you any ideas on this?

Regards

[former_member583013 · Accepted solution]

Hi Victor,

Goto SPRO -> FSCM -> TRM -> TM -> General setting settings -> accounting -> organization -> define accounting codes. Here you can assign accounting code ( mostly same as company code ).

Best regards!

Sandip

[Former Member · Accepted solution]

Hi,

Go to IMG - FSCM - TRTM - Transaction Manager - General settings - Accounting - Organisation.

Here define an accounting code and assign accounting code to your valuation area.

Regards,

Ravi

[Former Member · Accepted solution]

Hi,

There is no acounting code defined for my company code. Do i just go ahead and define one?

Regards

[Former Member · Accepted solution]

Yes. You have to define it here only. Also assign it to your Val. Area.

Regards,

Ravi