How To Fix WV664 - No pricing strategy exists; a suggested price cannot be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: WV - Messages about Sales Price Calculation

• Message number: 664

• Message text: No pricing strategy exists; a suggested price cannot be determined

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message WV664 - No pricing strategy exists; a suggested price cannot be determined ?

  The SAP error message WV664, which states "No pricing strategy exists; a suggested price cannot be determined," typically occurs in the context of sales and distribution (SD) when the system is unable to determine a price for a sales document due to the absence of a defined pricing strategy.
  Causes:
  
  Missing Pricing Procedure: The pricing procedure may not be assigned to the sales area, customer, or material.
  Incomplete Master Data: The customer master or material master may lack necessary pricing information.
  Pricing Condition Records: There may be no condition records available for the pricing conditions that are required for the transaction.
  Incorrect Configuration: The pricing strategy may not be properly configured in the system.
  Sales Document Type: The sales document type being used may not have a pricing procedure assigned.
  
  Solutions:
  
  
  Check Pricing Procedure Assignment:
  
  Ensure that the pricing procedure is correctly assigned to the sales area, customer, and material. This can be done in the configuration settings (Transaction Code: SPRO).
  Navigate to: Sales and Distribution > Basic Functions > Pricing > Pricing Control > Define Pricing Procedures.
  
  
  
  Review Master Data:
  
  Verify that the customer master data (Transaction Code: VD03) and material master data (Transaction Code: MM03) contain the necessary pricing information.
  Ensure that the relevant pricing conditions are maintained for the customer and material.
  
  
  
  Maintain Condition Records:
  
  Check if the necessary condition records exist for the pricing conditions being used. You can do this using Transaction Code: VK11 to create or VK12 to change condition records.
  
  
  
  Check Sales Document Type Configuration:
  
  Ensure that the sales document type being used has a pricing procedure assigned. This can be checked in the configuration settings (Transaction Code: SPRO).
  Navigate to: Sales and Distribution > Sales > Sales Document > Define Sales Document Types.
  
  
  
  Review Pricing Strategy:
  
  If a specific pricing strategy is required, ensure that it is defined and configured correctly in the system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as VK11 (Create Condition), VK12 (Change Condition), and VK13 (Display Condition) for managing pricing conditions.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to pricing strategies and error WV664.
  Documentation: Review SAP documentation and guides related to pricing procedures and strategies for a deeper understanding of how pricing is managed in SAP.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary changes to resolve it.