How To Fix PRC_PRI162 - Error in value formula no. &1: &2

SAP Error Message - Details

• Message type: E = Error

• Message class: PRC_PRI - Messages for Pricing Engine

• Message number: 162

• Message text: Error in value formula no. &1: &2

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PRC_PRI162 - Error in value formula no. &1: &2 ?

  The SAP error message PRC_PRI162 typically indicates an issue with a value formula in the context of pricing or cost calculations within the SAP system. This error can occur in various modules, such as SAP Controlling (CO) or SAP Project System (PS), where value formulas are used to calculate costs, revenues, or other financial metrics.
  Cause:
  The error message PRC_PRI162 can be caused by several factors, including:
  
  Incorrect Formula Configuration: The value formula referenced in the error message may be incorrectly configured or may contain invalid references.
  Missing or Incomplete Data: Required data for the formula may be missing or incomplete, leading to calculation errors.
  Syntax Errors: There may be syntax errors in the formula itself, such as incorrect operators or functions.
  Versioning Issues: If the formula has been modified or updated, there may be versioning issues that cause the system to not recognize the changes properly.
  Authorization Issues: The user may not have the necessary authorizations to access the data or execute the formula.
  
  Solution:
  To resolve the PRC_PRI162 error, you can take the following steps:
  
  
  Check the Formula Configuration:
  
  Navigate to the configuration settings for the value formula in the relevant module (e.g., CO or PS).
  Verify that the formula is correctly defined and that all referenced elements are valid.
  
  
  
  Validate Data:
  
  Ensure that all required data inputs for the formula are present and correctly populated.
  Check for any missing master data or transactional data that the formula relies on.
  
  
  
  Review Syntax:
  
  Examine the formula for any syntax errors. Ensure that all operators and functions are used correctly according to SAP standards.
  
  
  
  Test the Formula:
  
  If possible, test the formula in a development or test environment to see if the error can be replicated and to identify the specific issue.
  
  
  
  Check Authorizations:
  
  Ensure that the user executing the formula has the necessary authorizations to access the required data and execute the formula.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on configuring and troubleshooting value formulas.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Depending on the module, you may use transaction codes like KP26 (for cost planning) or CJ20N (for project management) to access relevant settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to the PRC_PRI162 error.
  Community Forums: Engage with SAP community forums or user groups for shared experiences and solutions from other users who may have encountered the same error.
  
  By following these steps, you should be able to identify and resolve the underlying issue causing the PRC_PRI162 error in your SAP system.