How To Fix WRF_PCM049 - Price type & for catalog &, item & not valid

SAP Error Message - Details

• Message type: E = Error

• Message class: WRF_PCM - Price Catalog Inbound

• Message number: 049

• Message text: Price type & for catalog &, item & not valid

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

What causes this issue?

The determined price type is not valid.
The current price for the specified catalog and item cannot be
included in the update process.

System Response

Only the prices for the current item cannot be updated.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

Valid price types are "V" for sales price and "E" for purchase price.
This error occurs for the selection of database table
WRF_PRI_CONDTYPE. The selected data record has an invalid price type
code. Check the entries in
Customizing table WRF_PRI_CONDTYPE and correct the incorrect entry.

Error message extract from SAP system. Copyright SAP SE.