How To Fix VPK1101 - There are no pricings for WBS &1 (simulation version &2)

SAP Error Message - Details

• Message type: E = Error

• Message class: VPK1 - SPC Processor Messages

• Message number: 101

• Message text: There are no pricings for WBS &1 (simulation version &2)

Self-Explanatory Message

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• What is the cause and solution for SAP error message VPK1101 - There are no pricings for WBS &1 (simulation version &2) ?

  SAP Error Message:
  VPK1101 – There are no pricings for WBS &1 (simulation version &2)
  
  
  Cause:
  This error occurs during the pricing simulation or determination process in SAP when the system tries to find pricing conditions for a Work Breakdown Structure (WBS) element but fails to locate any valid pricing records for the specified WBS element and simulation version.
  In other words, the system expects pricing data linked to the WBS element (project element) for the given simulation version but does not find any. This can happen because:
  
  No pricing conditions have been maintained or assigned to the WBS element.
  The pricing procedure or condition records are incomplete or missing for the WBS element.
  The simulation version specified does not have any pricing data.
  The WBS element is not correctly linked or assigned in the pricing procedure.
  The pricing procedure or condition technique is not properly configured to handle WBS elements.
  
  
  
  Solution:
  To resolve the error, consider the following steps:
  
  
  Check Pricing