How To Fix O4117 - Configuration of pricing default data is incomplete. See longtext

O4117 - Overview

• Message type: E = Error

• Message class: O4 - IS-Oil: MAP message pool

• Message number: 117

• Message text: Configuration of pricing default data is incomplete. See longtext

What causes this issue?

An error has occurred during market data maintenance. Either you have
not specified all of the following key fields:
Quotation Source <(>&<)>
Quotation Type <(>&<)>
Quotation Number,
or no entry with this key exists in the quotation check table OICQC.

System Response

The system cannot default the appropriate data for the currency, the
pricing unit, and the unit of measure, therefore you cannot enter the
price.

How to fix this error?

If you have not specified the complete key as explained above, please
make entries in the missing key fields. If the entered key is not
accepted by the system, an entry has to be maintained first for that
key in the quotation check table OICQC (transaction O5F3).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message O4117 - Configuration of pricing default data is incomplete. See longtext ?

  The SAP error message O4117, which states "Configuration of pricing default data is incomplete. See longtext," typically occurs when there is an issue with the configuration of pricing conditions in the SAP system. This error is often related to the pricing procedure, condition types, or access sequences that are not properly set up or are missing required data.
  Causes:
  
  Incomplete Configuration: The pricing procedure may not be fully configured, meaning that some required condition types or access sequences are missing.
  Missing Condition Records: There may be missing condition records for the relevant condition types in the pricing procedure.
  Incorrect Assignment: The pricing procedure may not be correctly assigned to the relevant sales area, customer, or material.
  Missing Master Data: Required master data (like customer master, material master, etc.) may not be maintained properly.
  Access Sequence Issues: The access sequence for the condition types may not be defined correctly, leading to the inability to find valid pricing