How To Fix CPE118 - Term type does not use fixed term rate or reference data

SAP Error Message - Details

• Message type: E = Error

• Message class: CPE - Commodity Pricing Engine

• Message number: 118

• Message text: Term type does not use fixed term rate or reference data

What causes this issue?

A term calculation type for rate-based or value-based calculation uses
a term rule and quotation data, but not a reference rate or any
reference data.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Delete the data in the following fields: <ZK>Fix Term Rate</>, <ZK>Fix
Term Currency</>, <ZK>Fix Term Pricing Unit</>, <ZK>Fix Term UoM</>,
<ZK>Reference Document Category</>, <ZK>Reference Document</>,
<ZK>Reference Item</>, and <ZK>Reference Condition Type</> or choose
another term calculation type.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CPE118 - Term type does not use fixed term rate or reference data ?

  The SAP error message CPE118, which states "Term type does not use fixed term rate or reference data," typically occurs in the context of contract management or pricing in SAP, particularly when dealing with contracts that involve terms and conditions related to pricing.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Incorrect Term Type Configuration: The term type defined in the contract or pricing condition may not be set up to use fixed term rates or reference data. This can happen if the term type is not configured correctly in the system.
  
  
  Missing Reference Data: The necessary reference data for the term type may not be available or properly maintained in the system. This could include missing rate tables or configuration settings.
  
  
  Incompatibility with Pricing Procedure: The term type may not be compatible with the pricing procedure being used, leading to a mismatch in expected data.
  
  
  Data Entry Errors: There may be errors in the data entry for the contract or pricing conditions, such as incorrect term type selection.
  
  
  Solution:
  To resolve the CPE118 error, you can take the following steps:
  
  
  Check Term Type Configuration:
  
  Go to the configuration settings for the term type in SAP (transaction code SPRO).
  Ensure that the term type is set up to use fixed term rates or reference data as required.
  
  
  
  Verify Reference Data:
  
  Check if the necessary reference data (like rate tables) is available and correctly maintained in the system.
  If reference data is missing, you may need to create or update it.
  
  
  
  Review Pricing Procedure:
  
  Ensure that the pricing procedure being used is compatible with the term type.
  You may need to adjust the pricing procedure or select a different term type that aligns with the procedure.
  
  
  
  Correct Data Entry:
  
  Review the contract or pricing condition for any data entry errors.
  Make sure that the correct term type is selected and that all required fields are filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the term type and its configuration.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), VA01 (for sales order creation), or other related transaction codes depending on your specific use case.
  SAP Notes: Check for any SAP Notes related to the CPE118 error for additional insights or patches that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the CPE118 error and implement the necessary corrections to resolve it.