How To Fix 64029 - Reference stock price: &1 assigned by &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 029

• Message text: Reference stock price: &1 assigned by &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64029 - Reference stock price: &1 assigned by &2 ?

  The SAP error message 64029, which states "Reference stock price: &1 assigned by &2," typically occurs in the context of inventory management or material valuation. This error indicates that there is an issue with the reference stock price assigned to a material, which is often related to the valuation of stock in the system.
  Cause:
  
  Incorrect Configuration: The reference stock price may not be correctly configured in the system for the material in question.
  Missing Data: The necessary data for calculating or assigning the reference stock price may be missing or incomplete.
  Price Changes: There may have been changes in the pricing conditions or valuation methods that have not been properly updated in the system.
  Material Master Issues: The material master data may have inconsistencies or errors that affect the reference stock price.
  
  Solution:
  
  Check Material Master Data: Review the material master data for the affected material. Ensure that the valuation class, price control indicator, and other relevant fields are correctly set.
  Review Pricing Conditions: Check the pricing conditions in the system to ensure that they are correctly defined and active. This includes reviewing any relevant pricing procedures.
  Update Reference Stock Price: If the reference stock price is incorrect, update it in the system. This can typically be done through transaction codes like MM02 (Change Material) or through the relevant inventory management transactions.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling reference stock prices and related configurations.
  Check for Customizations: If your organization has custom developments or enhancements, ensure that they are not interfering with the standard processes related to stock pricing.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM01 (Create Material), MM02 (Change Material), and MM03 (Display Material) for managing material master data.
  SAP Notes: Search for SAP Notes related to error message 64029 in the SAP Support Portal for any known issues or patches.
  User Forums: Engage with SAP community forums or user groups to see if others have encountered and resolved similar issues.
  Testing: After making changes, conduct thorough testing to ensure that the issue is resolved and that there are no further impacts on inventory valuation or reporting.
  
  If the problem persists after following these steps, it may be necessary to involve your SAP support team or a consultant with expertise in SAP MM (Materials Management) for further investigation.