How To Fix CK494 - The system lacks a costing type for the std cost estimate

CK494 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 494

• Message text: The system lacks a costing type for the std cost estimate

What causes this issue?

You are attempting to <DS:GLOS.marking>mark</> a standard cost
estimate.

System Response

The system cannot find a costing type for the
<DS:GLOS.standard_cost_estimate>standard cost estimate</>.

How to fix this error?

Go into Customizing for Product Cost Controlling and
Create a costing type for the standard cost estimate in which the
<LS>Standard price</> indicator for the update of the material price is
set.
Assign this costing type to the costing variant for the standard cost
estimate.
Cost the material using this costing variant, and mark the cost
estimate again.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK494 - The system lacks a costing type for the std cost estimate ?

  The SAP error message CK494 indicates that the system cannot find a costing type for the standard cost estimate. This typically occurs during the costing process when the system is trying to create or update a standard cost estimate for a material, but the necessary configuration for costing types is missing.
  
  Cause:
  
  Missing Costing Type Configuration: The most common cause of this error is that the costing type required for the standard cost estimate has not been defined in the system.
  Incorrect Settings in Costing Variant: The costing variant being used may not be configured correctly to include the necessary costing type.
  Missing Master Data: The material master data may not have the required costing information or may not be set up correctly for the relevant valuation area.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the costing type.
  
  
  Solution:
  
  
  Check Costing Type Configuration:
  
  Go to the configuration settings in SAP (Transaction code: