How To Fix T1318 - Price type not found for company &1, bus. partner &2, commodity &3

T1318 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 318

• Message text: Price type not found for company &1, bus. partner &2, commodity &3

What causes this issue?

The system cannot find the price type for the current financial
transaction.

System Response

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

How to fix this error?

Navigate to transaction
<DS:TRAN.TPM_TRCO_CTY_MCS>Specify Market Data Access for Mass Cash
Settlement</> and specify a price type.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1318 - Price type not found for company &1, bus. partner &2, commodity &3 ?

  The SAP error message T1318, which states "Price type not found for company &1, bus. partner &2, commodity &3," typically occurs in the context of pricing and valuation in SAP, particularly when dealing with commodity pricing or business partner pricing configurations. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  
  Missing Price Type Configuration: The error indicates that the system cannot find a valid price type for the specified company code, business partner, and commodity. This could be due to:
  
  The price type not being defined in the system.
  The price type being incorrectly configured or inactive.
  The combination of company code, business partner, and commodity not having a corresponding price type.
  
  
  
  Data Inconsistency: There may be inconsistencies in the master data related to the business partner or commodity that prevent the system from retrieving the correct price type.
  
  
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the pricing