How To Fix 88562 - No price list exists for &1 &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 88 - REA Processing

• Message number: 562

• Message text: No price list exists for &1 &2

What causes this issue?

For &V1& &V2& no valied price list exists for the specified recycling
partner/company code/country.

System Response

The declaration is executed. If, however, settlement-relevant data for
the date is selected, the declaration will be terminated.

How to fix this error?

Check your entries or the price lists.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 88562 - No price list exists for &1 &2 ?

  The SAP error message "88562 No price list exists for &1 &2" typically indicates that the system is unable to find a valid price list for the specified conditions. The placeholders &1 and &2 usually represent specific parameters, such as the customer or vendor number and the material number or product type.
  Cause:
  
  Missing Price List: The most common cause is that there is no price list defined for the specified combination of customer/vendor and material/product.
  Incorrect Configuration: The price list may not be properly configured in the system, or it may not be assigned to the relevant sales area or purchasing organization.
  Date Validity: The price list may exist but is not valid for the date of the transaction being processed.
  Incorrect Master Data: The master data for the customer/vendor or material may be incomplete or incorrect, leading to the inability to find the appropriate price list.
  
  Solution:
  
  
  Check Price List Configuration:
  
  Go to the relevant transaction (e.g., VK11 for sales price lists or MEK1 for purchasing price lists) and verify if the price list exists for the specified customer/vendor and material.
  If it does not exist, create a new price list or update the existing one.
  
  
  
  Verify Master Data:
  
  Check the master data for the customer/vendor and material to ensure that they are correctly set up and linked to the appropriate price lists.
  Ensure that the customer/vendor is assigned to the correct sales area or purchasing organization.
  
  
  
  Check Validity Dates:
  
  Ensure that the price list is valid for the date of the transaction. If the price list is time-sensitive, make sure that the transaction date falls within the valid date range of the price list.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configurations related to pricing and price lists.
  
  
  
  Transaction Logs:
  
  Check transaction logs or debugging information to gather more details about the error and the specific conditions under which it occurred.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as VK11, VK12, VK13 for sales price lists, and MEK1, MEK2, MEK3 for purchasing price lists.
  SAP Notes: Look for SAP Notes related to pricing issues, as they may provide additional insights or patches for known issues.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to access and modify price lists.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.