How To Fix FTR_TEX1634 - Fixed or floating price details need to be provided for activity type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TEX1 - Messages for raw exposures

• Message number: 634

• Message text: Fixed or floating price details need to be provided for activity type &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TEX1634 - Fixed or floating price details need to be provided for activity type &1 ?

  The SAP error message FTR_TEX1634 indicates that fixed or floating price details are required for a specific activity type in the context of financial transactions, particularly in the area of treasury and risk management. This error typically arises when you are trying to process a transaction that requires pricing information, but that information is missing or not properly configured.
  Cause:
  
  Missing Price Information: The activity type specified in the error message does not have the necessary fixed or floating price details defined in the system.
  Configuration Issues: The configuration for the activity type may not be set up correctly in the system, leading to the absence of required pricing information.
  Transaction Type: The transaction you are trying to execute may inherently require pricing details that have not been provided.
  
  Solution:
  
  
  Check Activity Type Configuration:
  
  Go to the configuration settings for the activity type in question.
  Ensure that both fixed and floating price details are defined correctly.
  You can do this by navigating to the relevant configuration path in SAP (usually under Financial Accounting or Treasury settings).
  
  
  
  Enter Pricing Information:
  
  If you are entering a transaction manually, ensure that you provide the necessary fixed or floating price details for the activity type.
  This may involve entering the price in the transaction screen where you are encountering the error.
  
  
  
  Review Transaction Type Requirements:
  
  Check the documentation or configuration for the specific transaction type you are working with to understand what pricing information is required.
  Ensure that all mandatory fields are filled out correctly.
  
  
  
  Consult with SAP Support or Documentation:
  
  If you are unable to resolve the issue through configuration or data entry, consider consulting SAP support or reviewing the official SAP documentation for further guidance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help you navigate to the configuration or transaction screens (e.g., SPRO for configuration).
  SAP Notes: Look for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and edit the pricing information for the activity type.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary changes to resolve it.