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

CPE118 - Overview

• 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