How To Fix /ACCGO/CAK_FBO046 - For futures price, do not enter basis price details


SAP Error Message - Details

  • Message type: E = Error

  • Message class: /ACCGO/CAK_FBO -

  • Message number: 046

  • Message text: For futures price, do not enter basis price details

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  • 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.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message /ACCGO/CAK_FBO046 - For futures price, do not enter basis price details ?

    The SAP error message /ACCGO/CAK_FBO046 typically occurs in the context of financial transactions involving futures contracts, particularly when there is an issue with the pricing details entered for a futures contract. The specific message indicates that basis price details should not be entered for futures prices.

    Cause:

    1. Incorrect Data Entry: The error usually arises when a user attempts to enter basis price details for a futures contract, which is not allowed in the system.
    2. Configuration Issues: There may be configuration settings in the SAP system that do not align with the expected input for futures pricing.
    3. Business Logic: The business rules defined in the system may dictate that basis prices are not applicable for futures contracts.

    Solution:

    1. Review Input Fields: Ensure that you are not entering any basis price details when dealing with futures contracts. Only enter the futures price as required.
    2. Check Configuration: If you have access, review the configuration settings related to futures pricing in the SAP system. Ensure that the settings align with the business requirements and do not allow basis price entries for futures.
    3. Consult Documentation: Refer to the SAP documentation or help files related to futures pricing to understand the expected input and any restrictions.
    4. User Training: If this error is common among users, consider providing training or guidance on how to correctly enter data for futures contracts to avoid this error in the future.
    5. Contact Support: If the issue persists and you believe it is a system error, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.

    Related Information:

    • Futures Contracts: These are standardized contracts traded on exchanges to buy or sell an asset at a predetermined price at a specified time in the future. They do not typically involve basis pricing, which is more relevant to spot and cash markets.
    • Basis Price: This refers to the difference between the spot price of an asset and the futures price. In the context of futures, basis pricing is not applicable, hence the error message.
    • SAP Modules: This error may be encountered in modules related to Financial Accounting (FI), Controlling (CO), or specific industry solutions that deal with commodity trading.

    By following the above steps, you should be able to resolve the error and ensure proper data entry for futures contracts in SAP.

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