How To Fix TRF0065 - Commodity futures only allow direct quotation

SAP Error Message - Details

• Message type: E = Error

• Message class: TRF0 - TRF Messages

• Message number: 065

• Message text: Commodity futures only allow direct quotation

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TRF0065 - Commodity futures only allow direct quotation ?

  The SAP error message TRF0065, which states "Commodity futures only allow direct quotation," typically occurs in the context of trading or financial transactions involving commodity futures in SAP. This error indicates that the system is expecting a direct quotation format for the commodity futures, but the input provided does not meet this requirement.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Quotation Type: The system is set to expect a direct quotation (where the price is quoted in terms of the commodity itself, e.g., USD per barrel of oil) but the input provided is in an indirect format (e.g., the price quoted in terms of another currency).
  Configuration Settings: The settings in the SAP system for the commodity futures trading may not be correctly configured to handle the type of quotation being used.
  Data Entry Error: There may be a mistake in the data entry where the user has inputted the price in an incorrect format.
  
  Solution:
  To resolve the TRF0065 error, you can take the following steps:
  
  
  Check Quotation Format: Ensure that the price you are entering for the commodity futures is in the correct direct quotation format. For example, if you are trading oil, the price should be entered as a direct quote (e.g., 70 USD per barrel).
  
  
  Review Configuration: If you have access to the configuration settings, check the settings related to commodity futures trading in the SAP system. Ensure that the system is configured to accept the type of quotations you are trying to enter.
  
  
  Consult Documentation: Refer to the SAP documentation or help files related to commodity futures trading to understand the expected formats and configurations.
  
  
  User Training: If the issue is recurring, consider providing training to users on how to correctly enter data for commodity futures to avoid format errors.
  
  
  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 who can provide further assistance.
  
  
  Related Information:
  
  SAP Modules: This error is typically encountered in modules related to SAP Treasury and Risk Management (TRM) or SAP Commodity Management.
  Direct vs. Indirect Quotation: Understanding the difference between direct and indirect quotations is crucial. A direct quotation expresses the price of a foreign currency in terms of the domestic currency, while an indirect quotation expresses the price of the domestic currency in terms of the foreign currency.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration settings.
  
  By following these steps, you should be able to identify the cause of the TRF0065 error and implement a solution to resolve it.