How To Fix RY771 - No quote for commodity &, exch.rate ind. & for & found

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 771

• Message text: No quote for commodity &, exch.rate ind. & for & 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 RY771 - No quote for commodity &, exch.rate ind. & for & found ?

  The SAP error message RY771 indicates that there is no quote available for a specific commodity, exchange rate indicator, and date. This error typically occurs in the context of commodity trading or pricing in SAP systems, particularly when dealing with financial transactions that involve commodities.
  Cause:
  
  Missing Quotes: The primary cause of this error is that there are no valid quotes available for the specified commodity and exchange rate indicator on the given date.
  Incorrect Configuration: The system may not be properly configured to retrieve quotes for the specified commodity or exchange rate.
  Date Issues: The date for which the quote is being requested may be outside the range of available quotes.
  Data Entry Errors: There may be a typo or incorrect entry in the commodity code or exchange rate indicator.
  
  Solution:
  
  Check Quotes: Verify that there are valid quotes for the specified commodity and exchange rate indicator. You can do this by checking the relevant master data or quote tables in SAP.
  Update Quotes: If there are no quotes available, you may need to enter or update the quotes in the system. This can typically be done through transaction codes related to commodity pricing or market data.
  Review Configuration: Ensure that the configuration for commodity pricing and exchange rates is set up correctly. This may involve checking settings in the customizing (SPRO) area of SAP.
  Adjust Date: If the date is incorrect, adjust it to a date for which quotes are available.
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to manage commodity quotes and exchange rates.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as COTR (Commodity Trading) or COTR_QUOTE (to manage quotes).
  Master Data: Ensure that the master data for commodities and exchange rates is complete and accurate.
  SAP Notes: Check for any SAP Notes related to this error message, as there may be patches or updates that address specific issues.
  User Roles: Ensure that the user has the necessary permissions to access and modify commodity quotes and related data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who specializes in commodity management within SAP.