How To Fix FTI024 - The price type is required to calculate market values

SAP Error Message - Details

• Message type: E = Error

• Message class: FTI - Treasury Information System

• Message number: 024

• Message text: The price type is required to calculate market values

What causes this issue?

The price type is required to calculate the market value (for example
the market value in position currency, market price/unit in position
currency). However you have not specified a price type in the report
variant although you selected the key figure &V1& (&V2&).

System Response

The report is terminated.

How to fix this error?

Specify the price type for the report and variant where necessary.

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 FTI024 - The price type is required to calculate market values ?

  The SAP error message FTI024, which states "The price type is required to calculate market values," typically occurs in the context of financial transactions, particularly when dealing with financial instruments or asset valuations in SAP. This error indicates that the system requires a specific price type to perform calculations related to market values, but it has not been provided.
  
  Cause:
  
  Missing Price Type: The most common cause of this error is that the price type has not been specified in the transaction or configuration settings.
  
  Configuration Issues: There may be issues in the configuration of the financial instruments or valuation methods that do not define the necessary price types.
  Data Entry Errors: Users may have omitted the price type during data entry or transaction processing.
  Inconsistent Master Data: The master data for the financial instruments may not be set up correctly, leading to missing or incorrect price type information.
  
  
  Solution:
  
  Specify Price Type: Ensure that the price