How To Fix /ACCGO/CMN161 - Spread(basis) is not required in term &1, price status is NBE

/ACCGO/CMN161 - Overview

• Message type: E = Error

• Message class: /ACCGO/CMN -

• Message number: 161

• Message text: Spread(basis) is not required in term &1, price status is NBE

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /ACCGO/CMN161 - Spread(basis) is not required in term &1, price status is NBE ?

  The SAP error message /ACCGO/CMN161 indicates that there is an issue related to the spread (basis) in a financial transaction, specifically in the context of a term where the price status is marked as "NBE" (Not Based on Exchange). This error typically arises in the context of commodity management or financial instruments where pricing and basis calculations are involved.
  
  Cause:
  
  Incorrect Configuration: The system may be configured in such a way that it expects a spread (basis) to be defined for a term that is marked as "NBE". This can happen if the pricing conditions or the terms of the contract are not set up correctly.
  Data Entry Error: There may be an error in the data entry where the term is incorrectly defined, leading the system to expect a basis spread when it should not.
  Incompatibility of Terms: The term in question may not be compatible with the pricing model being used, leading