Hi Nikhil / Arturo,
Thanks for the reply!!!!
As suggested, I have maintained the product type 02A in SM34 - TRQCV_LOT_ACC.
I checked the Single Position Management, it was blank. when I am trying to assign the product type in Single Position Management, the system is throwing the below error.
"Active business transactions already exist for valuation area 001, accounting code 1000 and product category 02A. It is therefore not possible to change from a collective valuation to a single valuation"
I have given the valuation area(001),accounting code(1000) & product type(02A).
But when I change the valuation area from 001 to 002, system is allowing me to save the data. But we are not using the valuation area 002 (Parallel Valuation Area - US Gaap)
Please let me know how to proceed further.
Regards,
Venkat