How To Fix /PM0/ALB_FND_MSG050 - Specify the price date

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_FND_MSG -

• Message number: 050

• Message text: Specify the price date

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_FND_MSG050 - Specify the price date ?

  The SAP error message /PM0/ALB_FND_MSG050 Specify the price date typically occurs in the context of pricing or valuation in SAP, particularly when dealing with materials, services, or contracts. This error indicates that the system requires a price date to be specified for a transaction or operation, but it has not been provided.
  Cause:
  
  Missing Price Date: The most common cause is that the user has not entered a price date in the relevant field when trying to execute a transaction that requires it.
  Configuration Issues: There may be configuration settings in the pricing procedure or master data that require a price date but are not set up correctly.
  Transaction Context: Certain transactions or processes may inherently require a price date, and if the system does not receive this information, it will trigger the error.
  
  Solution:
  
  Enter Price Date: The simplest solution is to ensure that you enter a valid price date in the relevant field when prompted. This date typically refers to the date on which the price is valid.
  Check Configuration: If you are consistently encountering this error, it may be worth checking the configuration settings in the pricing procedure or related master data to ensure that the price date is set up correctly.
  Review Documentation: Consult the SAP documentation or help files related to the specific transaction you are working with to understand the requirements for entering a price date.
  User Training: Ensure that users are trained on the importance of entering a price date and how to do so correctly in the system.
  Consult SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes related to purchasing, sales, or inventory management that require price dates.
  Master Data: Check the material master or vendor master data to ensure that all necessary pricing information is correctly maintained.
  Pricing Procedures: Review the pricing procedures in your SAP system to understand how price dates are handled and if there are any mandatory fields that need to be filled out.
  
  By addressing the missing price date and ensuring proper configuration and user training, you should be able to resolve the error message effectively.