How To Fix FTR_COMF040 - Price has not been fixed yet

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_COMF - Message class for commodity forward

• Message number: 040

• Message text: Price has not been fixed yet

What causes this issue?

The average price for the commodity forward has not been fixed yet.

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?

Fix the commodity forward prices before entering the cash
settlement.

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 FTR_COMF040 - Price has not been fixed yet ?

  The SAP error message FTR_COMF040 ("Price has not been fixed yet") typically occurs in the context of financial transactions, particularly when dealing with financial instruments or derivatives in the SAP system. This error indicates that the system is unable to process a transaction because the price for the financial instrument has not been set or fixed.
  Causes:
  
  Unfixed Price: The price for the financial instrument has not been determined or fixed in the system.
  Incomplete Data: The necessary data for pricing may be missing or incomplete in the transaction or master data.
  Configuration Issues: There may be issues with the configuration of the financial instruments in the system.
  Timing Issues: The transaction may be attempted before the price fixing date or after the price fixing date has passed.
  
  Solutions:
  
  Fix the Price: Ensure that the price for the financial instrument is fixed. This can usually be done through the relevant transaction in SAP where you can set or update the price.
  Check Master Data: Verify that all necessary master data related to the financial instrument is complete and correctly configured.
  Review Transaction Details: Ensure that all required fields in the transaction are filled out correctly and that the transaction is being processed within the appropriate time frame.
  Consult Configuration: If you have access, check the configuration settings for financial instruments in the SAP system to ensure they are set up correctly.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_EDIT (to edit financial transactions) or FTR_CREATE (to create new financial transactions).
  Documentation: Review SAP documentation related to financial instruments and pricing to understand the requirements for fixing prices.
  User Roles: Ensure that you have the necessary authorizations to fix prices and make changes to financial transactions.
  
  By addressing the underlying cause of the error, you should be able to resolve the issue and proceed with your financial transactions in SAP.