How To Fix TAN_TCC1014 - Enter price type as it is used for future style curve

SAP Error Message - Details

• Message type: E = Error

• Message class: TAN_TCC1 - Commodity Curve Message Class

• Message number: 014

• Message text: Enter price type as it is used for future style curve

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TAN_TCC1014 - Enter price type as it is used for future style curve ?

  The SAP error message TAN_TCC1014, which states "Enter price type as it is used for future style curve," typically occurs in the context of pricing and valuation in SAP, particularly when dealing with futures contracts or similar financial instruments. This error indicates that the system requires a specific price type to be entered for a future style curve, which is essential for the correct processing of pricing data.
  Cause:
  
  Missing Price Type: The most common cause of this error is that the required price type has not been specified in the relevant transaction or configuration.
  Incorrect Configuration: There may be an issue with the configuration of the pricing procedure or the future style curve settings in the system.
  Data Entry Error: Users may have overlooked entering the necessary information in the relevant fields.
  
  Solution:
  
  
  Enter the Required Price Type:
  
  Navigate to the transaction or screen where the error occurred.
  Look for the field that requires the price type and enter the appropriate value. This could be a specific code or identifier that corresponds to the price type used for future style curves.
  
  
  
  Check Configuration Settings:
  
  If you have access to configuration settings, verify that the price types are correctly defined in the pricing procedure.
  Ensure that the future style curve is properly set up and linked to the correct price types.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on the specific price types that are applicable to your business scenario.
  
  
  
  User Training:
  
  If this error is frequently encountered, consider providing additional training for users on how to correctly enter data related to pricing and future style curves.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, it may be beneficial to contact SAP support for further assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context.
  Transaction Codes: Familiarize yourself with transaction codes related to pricing and futures, such as those used for configuring pricing procedures or managing financial instruments.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to resolve the TAN_TCC1014 error and ensure that the necessary price type is correctly entered for future style curves in your SAP system.