How To Fix RY766 - No quote for commodity &, exch.rate ind. & found

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 766

• Message text: No quote for commodity &, exch.rate ind. & found

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RY766 - No quote for commodity &, exch.rate ind. & found ?

  The SAP error message RY766 "No quote for commodity &, exch.rate ind. & found" typically occurs in the context of commodity pricing and foreign exchange rate determination in SAP systems, particularly in modules related to materials management or commodity trading.
  Cause:
  This error message indicates that the system is unable to find a valid quote for a specific commodity and exchange rate indicator. The reasons for this could include:
  
  Missing Quotes: There may not be any price quotes available for the specified commodity in the system.
  Incorrect Configuration: The exchange rate indicator or commodity may not be properly configured in the system.
  Data Entry Errors: There could be a typo or incorrect entry in the commodity or exchange rate indicator fields.
  Date Issues: The date for which the quote is being requested may not fall within the valid date range of the available quotes.
  Master Data Issues: The commodity master data may not be set up correctly, or the relevant pricing conditions may not be maintained.
  
  Solution:
  To resolve the RY766 error, you can take the following steps:
  
  
  Check Quotes: Verify if there are valid quotes for the commodity in question. You can do this by navigating to the relevant transaction or report that displays commodity quotes.
  
  
  Maintain Quotes: If there are no quotes available, you may need to create or maintain the necessary quotes for the commodity and exchange rate indicator. This can typically be done in the transaction for maintaining commodity pricing.
  
  
  Review Configuration: Ensure that the exchange rate indicator and commodity are correctly configured in the system. Check the settings in the relevant customizing transactions.
  
  
  Validate Data Entry: Double-check the entries made in the transaction that triggered the error. Ensure that the commodity and exchange rate indicator are entered correctly.
  
  
  Check Date Validity: Ensure that the date for which you are trying to retrieve the quote is within the valid range of the quotes available.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on maintaining commodity quotes and exchange rates.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MEK1 (Create Condition), MEK2 (Change Condition), and MEK3 (Display Condition) for maintaining pricing conditions.
  Master Data: Ensure that the commodity master data is correctly set up in the system, including any necessary classifications and attributes.
  Exchange Rate Types: Understand the different exchange rate types configured in your SAP system and how they relate to commodity pricing.
  
  By following these steps, you should be able to identify and resolve the cause of the RY766 error in your SAP system.