How To Fix FTR_TRADE_REP054 - No price type defined for trade repository &1 and company &2

FTR_TRADE_REP054 - Overview

• Message type: E = Error

• Message class: FTR_TRADE_REP - Trade Repository

• Message number: 054

• Message text: No price type defined for trade repository &1 and company &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TRADE_REP054 - No price type defined for trade repository &1 and company &2 ?

  The SAP error message FTR_TRADE_REP054 indicates that there is no price type defined for a specific trade repository and company code in the system. This error typically arises in the context of financial transactions, particularly in the area of treasury and risk management, where pricing information is crucial for trade reporting.
  
  Cause:
  The error can occur due to several reasons:
  
  Missing Configuration: The price type for the specified trade repository and company code has not been configured in the system.
  Incorrect Settings: There may be incorrect or incomplete settings in the configuration of the trade repository.
  Data Entry Error: The trade repository or company code specified in the transaction may be incorrect or not properly set up.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the trade repository in SAP.
  Navigate to the relevant section where price types are defined (usually found in the customizing settings for Treasury and Risk