How To Fix 64499 - Default valuation class not found for company code &1

64499 - Overview

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 499

• Message text: Default valuation class not found for company code &1

What causes this issue?

You have to define a valuation class for a company code in a valuation
area.

System Response

Processing is terminated.

How to fix this error?

Define the valuation class in the company code in the system settings.
Choose Treasury Management --> Securities --> Transaction and Position
Management --> Functions --> Accounting --> Valuation --> Assign
company code.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 64499 - Default valuation class not found for company code &1 ?

  The SAP error message "64499 Default valuation class not found for company code &1" typically occurs when the system is unable to find a default valuation class for a specific company code in the configuration settings. This can happen during various processes, such as when creating or posting a material document, or when trying to perform inventory valuation.
  
  Cause:
  
  Missing Configuration: The valuation class for the material type is not defined in the system for the specified company code.
  Incorrect Material Type: The material type being used may not have a valuation class assigned to it.
  Company Code Settings: The company code may not be properly configured to use the valuation class.
  Master Data Issues: The material master record may not have the necessary valuation data set up.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Material Master Data:
  
  Go to transaction code MM03 (Display Material) and check the material master record for the relevant material.
  Ensure