How To Fix 6P497 - Material & has no valuation price

SAP Error Message - Details

• Message type: E = Error

• Message class: 6P - Messages for planned independent requirements (Appl.area 60)

• Message number: 497

• Message text: Material & has no valuation price

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 6P497 - Material & has no valuation price ?

  The SAP error message 6P497 indicates that a material does not have a valuation price. This typically occurs in the context of inventory management and material valuation in SAP. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Valuation Price: The material in question has not been assigned a valuation price in the system. This can happen if the material is newly created and not yet configured for valuation.
  Incorrect Material Type: The material type may not be set up to allow for valuation.
  Valuation Class Issues: The valuation class assigned to the material may not be linked to a valid account determination.
  Inactive or Incorrect Valuation Area: The valuation area (plant or company code) may not be active or properly configured.
  Material Master Data Issues: There may be missing or incorrect data in the material master record.
  
  Solutions:
  
  
  Check Material Master Data:
  
  Go to the material master record (transaction code MM03).
  Verify that the valuation price is maintained in the relevant views (e.g., Accounting 1 view).
  If the material is new, ensure that the valuation price is set.
  
  
  
  Maintain Valuation Price:
  
  If the valuation price is missing, you can maintain it using transaction code MM02 to update the material master.
  Navigate to the Accounting view and enter the appropriate valuation price.
  
  
  
  Review Material Type Configuration:
  
  Check if the material type allows for valuation. This can be done in the configuration settings (transaction code SPRO).
  Ensure that the material type is correctly set up in the system.
  
  
  
  Check Valuation Class:
  
  Ensure that the valuation class assigned to the material is correctly configured in the account determination settings.
  You can check this in the configuration settings under Material Management.
  
  
  
  Validate Valuation Area:
  
  Ensure that the valuation area (plant or company code) is active and properly configured.
  Check if the valuation area is set up to allow for the valuation of materials.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the valuation price or how to set it, consult with your finance or accounting team to ensure compliance with financial reporting standards.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  MM03: Display Material Master
  MM02: Change Material Master
  SPRO: Customizing (Configuration) settings
  
  
  Material Valuation: Understanding how materials are valued in SAP is crucial for accurate financial reporting and inventory management.
  Valuation Methods: Familiarize yourself with different valuation methods (e.g., moving average, standard price) and how they impact material pricing.
  
  By following these steps, you should be able to resolve the error message 6P497 and ensure that the material has a valid valuation price in SAP.