How To Fix FICO1557 - No standard condition exists for validity period of rule

FICO1557 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 557

• Message text: No standard condition exists for validity period of rule

What causes this issue?

You have entered a <DS><DS:DE.FICO_DVALIDFROM_SR>valid-from date</></>
or a <DS><DS:DE.FICO_DVALIDTO_SR>valid-to date</></> for a <DS>
<DS:DE.FICO_IFLDCNTRID>rule</></> in the condition set of rules. There
is no valid standard condition for the specified period.
For individualization, the validity period of the rule must overlap
completely with the validity periods of the related standard condition.

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?

Change the validity period of the rule accordingly.

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 FICO1557 - No standard condition exists for validity period of rule ?

  The SAP error message FICO1557, which states "No standard condition exists for validity period of rule," typically occurs in the context of financial accounting and controlling (FICO) when there is an issue with the configuration of condition records or pricing rules in the system. This error can arise in various scenarios, such as during the execution of a transaction that involves pricing or when trying to apply a specific condition that is not properly defined.
  
  Cause:
  
  Missing Condition Records: The most common cause is that there are no condition records defined for the specific validity period of the pricing rule you are trying to use.
  Incorrect Configuration: The configuration settings for the pricing procedure or condition types may not be set up correctly.
  Validity Period Issues: The validity period for the condition record may not align with the date of the transaction being processed.
  Master Data Issues: The master data (such as customer or material