How To Fix FTR_COMF045 - Wrong price format for quoted or forecasted price; check format

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_COMF - Message class for commodity forward

• Message number: 045

• Message text: Wrong price format for quoted or forecasted price; check format

What causes this issue?

The quotation or forecasted price is not compatible with the database
format, that is, the
value of price is less than 0.00001 or larger than 99999999.99999.

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?

Check the quotation prices using transaction <AB>FDCS17</>.

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_COMF045 - Wrong price format for quoted or forecasted price; check format ?

  The SAP error message FTR_COMF045 indicates that there is an issue with the format of the price entered for a quoted or forecasted price in the financial transaction management module, particularly in the context of financial instruments. This error typically arises when the price does not conform to the expected format or data type.
  Cause:
  
  Incorrect Decimal Separator: The price may be entered using an incorrect decimal separator (e.g., using a comma instead of a period, or vice versa) based on the system's locale settings.
  Invalid Characters: The price may contain invalid characters, such as letters or special symbols that are not allowed.
  Incorrect Data Type: The price may be entered in a format that is not recognized as a numeric value (e.g., including currency symbols).
  Configuration Issues: There may be configuration settings in the SAP system that dictate how prices should be formatted, and these may not align with the input provided.
  
  Solution:
  
  Check Decimal Separator: Ensure that the decimal separator used in the price entry matches the format expected by the SAP system. This can usually be configured in the user settings or system settings.
  Validate Input: Review the price input for any invalid characters or formatting issues. Ensure that only numeric values are entered.
  Use Correct Format: If the system requires a specific format (e.g., two decimal places), ensure that the price is entered accordingly.
  Review Configuration: If the issue persists, check the configuration settings related to currency and price formats in the SAP system. This may involve consulting with a system administrator or SAP consultant.
  Test with Sample Data: Try entering a known valid price to see if the error persists. This can help isolate whether the issue is with the specific input or a broader system configuration.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions for common problems.
  User Documentation: Refer to the SAP user documentation for guidelines on entering financial data, including the expected formats for prices.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to financial instruments and pricing, such as FTR_CREATE, FTR_EDIT, etc.
  Locale Settings: Review the user profile settings to ensure that the locale settings are correctly configured for your region, as this can affect how numbers and currencies are formatted.
  
  If the problem continues after following these steps, it may be beneficial to reach out to your SAP support team for further assistance.