How To Fix 64289 - Price of reference stock is lower than subscription price

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 289

• Message text: Price of reference stock is lower than subscription price

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 64289 - Price of reference stock is lower than subscription price ?

  The SAP error message 64289, which states "Price of reference stock is lower than subscription price," typically occurs in the context of stock or inventory management, particularly when dealing with stock subscriptions or allocations. This error indicates that the price of the reference stock (the stock that is being compared) is lower than the price set for the subscription or allocation, which can lead to inconsistencies in pricing and inventory management.
  Cause:
  
  Price Discrepancy: The primary cause of this error is a mismatch between the price of the reference stock and the subscription price. This can happen if the reference stock has been updated or changed, but the subscription price has not been adjusted accordingly.
  Incorrect Configuration: There may be configuration issues in the pricing settings or in the way the stock is being managed within the SAP system.
  Data Entry Errors: Manual entry errors during the setup of stock prices or subscription prices can lead to this discrepancy.
  
  Solution:
  
  Check Reference Stock Price: Verify the price of the reference stock in the system. Ensure that it is correctly set and reflects the current market or internal pricing.
  Adjust Subscription Price: If the reference stock price is correct, consider adjusting the subscription price to be in line with the reference stock price. This may involve discussions with the finance or pricing team to ensure that the new price is acceptable.
  Review Configuration Settings: Check the configuration settings related to pricing and stock management in SAP. Ensure that all relevant settings are correctly configured to prevent such discrepancies.
  Data Validation: Conduct a thorough review of the data entries related to stock and subscription prices to identify any errors or inconsistencies.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling pricing errors and managing stock subscriptions.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that may help in checking stock prices (e.g., MM03 for material master data).
  User Roles: Ensure that the user has the appropriate permissions to view and modify pricing information in the system.
  SAP Notes: Check for any SAP Notes or updates that may address known issues related to this error message.
  Testing: After making adjustments, conduct tests to ensure that the error does not recur and that the pricing is consistent across the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide more in-depth assistance.