How To Fix CRM_IU_PRC020 - Price component type &1 is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: CRM_IU_PRC - Price Object

• Message number: 020

• Message text: Price component type &1 is not defined

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CRM_IU_PRC020 - Price component type &1 is not defined ?

  The SAP error message CRM_IU_PRC020 indicates that a price component type specified in your pricing procedure is not defined in the system. This typically occurs in the context of pricing in SAP CRM (Customer Relationship Management) when the system is unable to find a valid configuration for a specific price component.
  Cause:
  
  Missing Configuration: The price component type referenced in the pricing procedure is not defined in the system. This could be due to a missing entry in the pricing configuration.
  Incorrect Pricing Procedure: The pricing procedure assigned to the transaction may not be correctly set up or may not include the necessary price component types.
  Transport Issues: If the configuration was recently transported from another system, it may not have been transported correctly, leading to missing definitions.
  Custom Development: If there are custom price components, they may not have been properly defined or activated.
  
  Solution:
  
  
  Check Price Component Definition:
  
  Go to the transaction code SPRO (SAP Project Reference Object).
  Navigate to Sales and Distribution > Basic Functions > Pricing > Pricing Control > Define Price Component Types.
  Verify if the price component type mentioned in the error message is defined. If it is missing, you will need to create it.
  
  
  
  Review Pricing Procedure:
  
  In the same SPRO path, check the pricing procedure assigned to the relevant sales document type.
  Ensure that the pricing procedure includes the necessary price component types.
  
  
  
  Transport Check:
  
  If the issue arose after a transport, check the transport logs to ensure that all necessary objects were transported correctly.
  If something is missing, you may need to re-transport the relevant configuration.
  
  
  
  Custom Development:
  
  If you are using custom price components, ensure that they are properly defined in the system and that any custom logic is functioning as expected.
  
  
  
  Testing:
  
  After making the necessary changes, test the pricing procedure again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  SPRO for configuration.
  V/08 to view pricing procedures.
  V/06 to maintain condition types.
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on pricing procedures and condition types.
  
  
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or consulting with a functional consultant who specializes in SAP CRM pricing.
  
  
  By following these steps, you should be able to identify and resolve the issue related to the CRM_IU_PRC020 error message.