How To Fix 64497 - Valuation principle &1 not defined in Customizing

64497 - Overview

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 497

• Message text: Valuation principle &1 not defined in Customizing

What causes this issue?

Valuation principle &v1& is not defined in Customizing.

System Response

Processing cannot be executed.

How to fix this error?

Define valuation principle &v1& in Customizing.

Error message extract from SAP system. Copyright SAP SE.

64497 - Details

• The SAP error message 64497, which states "Valuation principle &1 not defined in Customizing," typically occurs when the system is unable to find a specific valuation principle that is required for processing a transaction. This can happen in various modules, such as Materials Management (MM) or Controlling (CO), where valuation principles are used to determine how costs are calculated and reported.
  
  Cause:
  
  Missing Configuration: The valuation principle specified in the transaction is not defined in the Customizing settings of the SAP system.
  Incorrect Valuation Principle: The valuation principle being referenced may be incorrect or not applicable to the current context.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly imported or activated.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant area where valuation principles are defined. For example, in MM, you can check under:
  Materials