How To Fix 8Z344 - Material &: Market price revaluation has not yet run in update mode on &

8Z344 - Overview

• Message type: E = Error

• Message class: 8Z - Messages for Inflation Adjustment

• Message number: 344

• Message text: Material &: Market price revaluation has not yet run in update mode on &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 8Z344 - Material &: Market price revaluation has not yet run in update mode on & ?

  The SAP error message 8Z344 indicates that a market price revaluation has not yet been executed in update mode for a specific material. This error typically arises in the context of inventory management and valuation, particularly when dealing with materials that have fluctuating market prices.
  
  Cause:
  
  Market Price Revaluation Not Executed: The primary cause of this error is that the market price revaluation process has not been run for the specified material in update mode. This process is necessary to adjust the valuation of inventory based on current market prices.
  
  Configuration Issues: There may be configuration settings in the system that prevent the market price revaluation from being executed properly.
  Timing Issues: The revaluation process may not have been scheduled or executed at the appropriate time, especially if there are dependencies on other processes.
  
  
  Solution:
  
  
  Run Market Price Revaluation: 
  
  Navigate to the transaction code for market price revaluation (usually MR21 or similar, depending on your SAP