How To Fix 6Z300 - The price is not a multiple of the tick value &1

6Z300 - Overview

• Message type: E = Error

• Message class: 6Z - Message Class for Error Log of Rate/Price Valuation

• Message number: 300

• Message text: The price is not a multiple of the tick value &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 6Z300 - The price is not a multiple of the tick value &1 ?

  The SAP error message 6Z300 ("The price is not a multiple of the tick value &1") typically occurs in the context of trading or financial transactions, particularly when dealing with financial instruments that have specific pricing rules. The error indicates that the price you are trying to enter does not conform to the required increments defined by the tick value.
  
  Cause:
  
  Tick Value Definition: Each financial instrument may have a defined tick value, which is the minimum price increment that can be used for that instrument. For example, if the tick value is 0.01, then valid prices would be 1.00, 1.01, 1.02, etc.
  Incorrect Price Entry: The price you are trying to enter is not a multiple of the defined tick value. For instance, if the tick value is 0.05 and you try to enter a price of 1.03, you will receive this error because 1.03 is not a multiple of 0.05.
  
  
  Solution:
  
  Check the