How To Fix CI_DRAFTPRD_MESSAGE617 - Product &: Market price revaluation has not yet run in update mode on &

SAP Error Message - Details

• Message type: E = Error

• Message class: CI_DRAFTPRD_MESSAGE -

• Message number: 617

• Message text: Product &: 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 CI_DRAFTPRD_MESSAGE617 - Product &: Market price revaluation has not yet run in update mode on & ?

  The SAP error message CI_DRAFTPRD_MESSAGE617 indicates that a market price revaluation has not been executed in update mode for a specific product and market. This error typically arises in the context of inventory management or product costing, where market price revaluation is necessary to ensure that the product's valuation reflects current market conditions.
  Cause:
  
  Market Price Revaluation Not Executed: The primary cause of this error is that the market price revaluation process has not been run in update mode for the specified product and market.
  Configuration Issues: There may be configuration settings in the SAP system that prevent the revaluation from being executed properly.
  Authorization Issues: The user may not have the necessary authorizations to execute the market price revaluation.
  Data Inconsistencies: There may be inconsistencies in the master data or transactional data that prevent the revaluation from being processed.
  
  Solution:
  
  
  Run Market Price Revaluation: 
  
  Navigate to the appropriate transaction in SAP (usually related to inventory management or product costing).
  Execute the market price revaluation process in update mode for the affected product and market.
  Ensure that you select the correct parameters and that the process completes successfully.
  
  
  
  Check Configuration:
  
  Review the configuration settings related to market price revaluation in the SAP system.
  Ensure that all necessary settings are correctly configured to allow for the revaluation process.
  
  
  
  Authorization Check:
  
  Verify that the user executing the revaluation has the necessary authorizations.
  If not, contact your SAP security administrator to obtain the required permissions.
  
  
  
  Data Consistency Check:
  
  Check for any inconsistencies in the master data (e.g., product master, market data) and transactional data that may affect the revaluation process.
  Correct any identified issues before attempting to run the revaluation again.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions related to market price revaluation and troubleshooting this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  MM02: Change Material Master
  MR21: Price Change
  CK40N: Product Costing
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after following the above steps, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to resolve the CI_DRAFTPRD_MESSAGE617 error and successfully execute the market price revaluation for the specified product and market.