How To Fix C+726 - Consumption for newly created materials is valuated with standard price

SAP Error Message - Details

• Message type: E = Error

• Message class: C+ -

• Message number: 726

• Message text: Consumption for newly created materials is valuated with standard price

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message C+726 - Consumption for newly created materials is valuated with standard price ?

  The SAP error message C+726 indicates that newly created materials are being valuated with a standard price, which may not be the intended behavior. This typically occurs in the context of materials management and inventory valuation in SAP.
  Cause:
  
  Material Master Settings: The material master record may be set up to use standard pricing instead of moving average pricing or another valuation method. This can happen if the valuation class or price control indicator is incorrectly configured.
  Valuation Class: The valuation class assigned to the material may be set to a class that defaults to standard pricing.
  Price Control Indicator: The price control indicator in the material master (e.g., S for Standard Price, V for Moving Average Price) may be set to 'S' (Standard Price), which means that all consumption will be valued at the standard price.
  Configuration Issues: There may be configuration issues in the system that lead to this behavior, such as incorrect settings in the valuation area or plant settings.
  
  Solution:
  
  
  Check Material Master Record:
  
  Go to the material master record (transaction code MM02) and check the accounting view.
  Verify the price control indicator. If it is set to 'S', consider changing it to 'V' for moving average price if that is the desired valuation method.
  
  
  
  Review Valuation Class:
  
  Ensure that the valuation class assigned to the material is appropriate for the desired pricing method.
  If necessary, change the valuation class to one that supports moving average pricing.
  
  
  
  Adjust Configuration:
  
  If the settings are correct but the issue persists, review the configuration in the SPRO transaction under the following path:
  
  Logistics > Materials Management > Valuation and Account Assignment > Account Determination > Configure Automatic Postings.
  
  
  Ensure that the settings align with your organization's pricing strategy.
  
  
  
  Create New Material with Correct Settings:
  
  If the material is newly created and the settings are incorrect, consider deleting the material and recreating it with the correct valuation settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance related to your system configuration.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  MM01: Create Material
  MM02: Change Material
  MM03: Display Material
  MM02: Check the accounting view for price control settings.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to material valuation and pricing.
  
  
  Training and Documentation: Ensure that users involved in material creation and management are trained on the implications of different pricing methods and how to set them up correctly in the material master.
  
  
  By following these steps, you should be able to resolve the C+726 error and ensure that newly created materials are valued according to your organization's requirements.