How To Fix LOG_CMM_PRC_PSM001 - Select an exercise of the price fixation option

SAP Error Message - Details

• Message type: E = Error

• Message class: LOG_CMM_PRC_PSM - CPE PSM Handler

• Message number: 001

• Message text: Select an exercise of the price fixation option

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message LOG_CMM_PRC_PSM001 - Select an exercise of the price fixation option ?

  The SAP error message LOG_CMM_PRC_PSM001 ("Select an exercise of the price fixation option") typically occurs in the context of the SAP system when dealing with pricing and procurement processes, particularly in the area of contract management or purchasing.
  Cause:
  This error usually arises when the system expects a specific selection or input related to price fixation options, but none has been provided. This can happen in scenarios such as:
  
  Missing Input: The user has not selected a price fixation option in the relevant transaction or screen.
  Configuration Issues: There may be issues with the configuration of the pricing procedure or the related master data.
  Incomplete Data: The necessary data for price fixation is not fully maintained in the system.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Select a Price Fixation Option:
  
  Go back to the screen where the error occurred and ensure that you select a valid price fixation option. This may involve choosing from a dropdown menu or entering a specific value.
  
  
  
  Check Configuration:
  
  Review the configuration settings for pricing procedures in the SAP system. Ensure that all necessary settings are correctly defined and that the price fixation options are properly configured.
  
  
  
  Review Master Data:
  
  Check the relevant master data (such as material master, vendor master, or purchasing info records) to ensure that all required fields are filled out correctly and that the data is complete.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the transaction you are working with. This can provide insights into what options are available and how to select them.
  
  
  
  User Training:
  
  If users are frequently encountering this error, consider providing additional training on the relevant processes and how to properly select options in the system.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with the transaction codes related to pricing and procurement, such as ME21N (Create Purchase Order), ME31K (Create Contract), etc.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.