How To Fix CK370 - No price update for mat. & in plant & for valuation type &

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 370

• Message text: No price update for mat. & in plant & for valuation type &

What causes this issue?

The material prices could not be updated in the material master record
for material &V1& in plant &V2& for valuation type &V3&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK370 - No price update for mat. & in plant & for valuation type & ?

  The SAP error message CK370 "No price update for material & in plant & for valuation type &" typically occurs during the process of material valuation or when trying to perform a price update for a material in the system. This error indicates that the system could not find a valid price for the specified material in the specified plant and valuation type.
  Causes:
  
  Missing Price Control: The material may not have a price control indicator set (e.g., moving average price or standard price).
  No Valid Price: There may be no valid price maintained for the material in the specified plant and valuation type.
  Incorrect Valuation Type: The valuation type specified may not be valid for the material.
  Material Master Data Issues: The material master data may not be correctly maintained, leading to missing or incorrect pricing information.
  Price Change Not Posted: If a price change was attempted but not successfully posted, it could lead to this error.
  Valuation Area Issues: The valuation area (plant) may not be correctly set up for the material.
  
  Solutions:
  
  
  Check Material Master: Verify the material master data for the specified material. Ensure that the price control indicator is set correctly and that there is a valid price maintained.
  
  Transaction Code: MM03 (Display Material)
  
  
  
  Maintain Price: If there is no price maintained, you can update the price using the following transactions:
  
  For moving average price: Use transaction code MR21 to change the price.
  For standard price: Use transaction code CK40N to maintain the standard price.
  
  
  
  Check Valuation Type: Ensure that the valuation type specified in the error message is valid for the material. You can check this in the material master under the accounting view.
  
  
  Review Price Change Documents: If a price change was attempted, check the change documents to see if there were any errors during the posting process.
  
  
  Check Valuation Area Configuration: Ensure that the valuation area (plant) is correctly configured in the system and that it is set up to handle the material's valuation.
  
  
  Consult with SAP Support: If the issue persists after checking the above points, it may be necessary to consult with SAP support or your internal SAP team for further investigation.
  
  
  Related Information:
  
  Transaction Codes:
  
  MM03: Display Material
  MR21: Change Price
  CK40N: Change Standard Price
  CK11N: Create/Change Cost Estimate
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Review SAP documentation related to material valuation and pricing to ensure compliance with best practices.
  
  By following these steps, you should be able to identify the cause of the CK370 error and implement the appropriate solution.