How To Fix TE710 - No price determined for stock class &, price type &, date: &

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 710

• Message text: No price determined for stock class &, price type &, date: &

What causes this issue?

No price maintained for stock class &V1&, price type &V2&, date &V3&.

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?

Maintain the stock price for the specified date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE710 - No price determined for stock class &, price type &, date: & ?

  The SAP error message TE710 "No price determined for stock class &, price type &, date: &" typically occurs in the context of inventory valuation and pricing in SAP. This error indicates that the system was unable to determine a price for a specific stock class and price type on a given date. Here are the potential causes, solutions, and related information for this error:
  Causes:
  
  Missing Price Records: There may be no price records maintained for the specified stock class and price type in the system.
  Incorrect Configuration: The configuration for the pricing procedure or valuation class may not be set up correctly.
  Date Issues: The date specified in the error message may not fall within the valid range of price records.
  Stock Class Not Defined: The stock class for the material may not be defined in the system.
  Price Type Not Defined: The price type being referenced may not be defined or may not have any associated prices.
  
  Solutions:
  
  
  Check Price Records:
  
  Go to the transaction code MR21 (Change Material Price) or MM03 (Display Material) to check if the price records exist for the specified stock class and price type.
  If records are missing, you may need to create or update them.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the SPRO transaction under Materials Management > Valuation and Account Assignment > Price Control to ensure that the pricing procedure is correctly set up.
  Verify that the valuation class is correctly assigned to the material.
  
  
  
  Validate Dates:
  
  Ensure that the date you are using for the transaction falls within the range of valid price records. If necessary, adjust the date or create new price records for the required date.
  
  
  
  Define Stock Class and Price Type:
  
  If the stock class or price type is not defined, you may need to create them in the system. This can typically be done in the configuration settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to pricing and valuation to ensure that all necessary steps have been followed.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  MR21: Change Material Price
  MM03: Display Material
  MM02: Change Material
  SPRO: Access to configuration settings
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and change pricing information.
  
  
  By following these steps, you should be able to identify the root cause of the TE710 error and implement the appropriate solution. If the issue persists, consider reaching out to your SAP support team for further assistance.