How To Fix PRC_MESSAGES_EXT504 - Pricing: Local currency missing

SAP Error Message - Details

• Message type: E = Error

• Message class: PRC_MESSAGES_EXT -

• Message number: 504

• Message text: Pricing: Local currency missing

What causes this issue?

A series of data, including the local currency, is required for pricing.
However, this was not given when pricing was called.

System Response

Pricing could not be calculated.

How to fix this error?

Check why the local currrency was not maintained. The local currency in
CRM normally originates in the sales organization. The local currency in
SRM normally originates in the purchasing organization.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PRC_MESSAGES_EXT504 - Pricing: Local currency missing ?

  The SAP error message PRC_MESSAGES_EXT504 with the description "Pricing: Local currency missing" typically occurs in the context of pricing procedures in SAP, particularly when dealing with pricing conditions in sales documents, purchase orders, or other transactional data. This error indicates that the system is unable to determine the local currency for the pricing calculation, which is essential for processing transactions correctly.
  Causes:
  
  Missing Local Currency Configuration: The local currency may not be defined in the relevant master data (e.g., customer, vendor, material).
  Currency Settings in Company Code: The company code may not have a local currency set up correctly in the configuration.
  Pricing Procedure Configuration: The pricing procedure may not be configured to handle local currency correctly.
  Document Type Settings: The document type being used may not have the necessary settings for local currency.
  Master Data Issues: The master data for the customer or vendor may be incomplete or incorrectly set up, lacking the local currency information.
  
  Solutions:
  
  
  Check Master Data:
  
  Ensure that the customer or vendor master data includes the local currency. You can do this by navigating to the relevant master data transaction (e.g., XD02 for customers, XD03 for vendors) and verifying the currency settings.
  
  
  
  Review Company Code Settings:
  
  Go to the company code configuration (transaction OBY6) and check that the local currency is defined correctly. The local currency should match the currency used in your pricing conditions.
  
  
  
  Examine Pricing Procedure:
  
  Check the pricing procedure assigned to the document type. Ensure that it is configured to handle local currency. You can do this in the configuration settings under SPRO -> Sales and Distribution -> Basic Functions -> Pricing -> Pricing Control.
  
  
  
  Document Type Configuration:
  
  Verify the settings for the document type being used. Ensure that it is set up to allow for local currency pricing.
  
  
  
  Check Currency Types:
  
  Ensure that the currency types used in the pricing conditions are correctly defined and that they include local currency.
  
  
  
  Test with Different Transactions:
  
  If possible, try creating a transaction with a different customer or vendor to see if the issue persists. This can help isolate whether the problem is with specific master data.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes related to pricing and currency issues for any known bugs or additional guidance.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as VK11 (Create Condition), VK12 (Change Condition), and VK13 (Display Condition) for managing pricing conditions.
  Documentation: Review SAP documentation on pricing procedures and currency settings for a deeper understanding of how these elements interact.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in pricing and currency configurations.