How To Fix CK495 - &1: Currency type &2 is not assigned in the material ledger

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 495

• Message text: &1: Currency type &2 is not assigned in the material ledger

What causes this issue?

&v1&:
Currency type &v2& was not entered in the material ledger.

System Response

The future planned price can consequently not be updated in the
material ledger.

How to fix this error?

Check the currency and valuation profile for the controlling area
assigned to the current plant: the currency types entered in the
currency and valuation profile should be entered in the material
ledger.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK495 - &1: Currency type &2 is not assigned in the material ledger ?

  The SAP error message CK495 indicates that a specific currency type is not assigned in the material ledger for a given material. This error typically arises during the processing of material movements, inventory valuation, or when performing a material ledger-related transaction.
  Cause:
  The error occurs when:
  
  A currency type (e.g., transaction currency, valuation currency) is not defined or assigned in the material ledger configuration for the material in question.
  The material ledger is not properly set up to handle the currency types being used in transactions.
  There may be inconsistencies in the configuration of the material ledger or the currency settings in the material master.
  
  Solution:
  To resolve the CK495 error, you can follow these steps:
  
  
  Check Material Master Data:
  
  Go to the material master record (transaction code MM03) and check the accounting view.
  Ensure that the currency types are correctly assigned.
  
  
  
  Configure Material Ledger:
  
  Access the configuration settings for the material ledger (transaction code OML0).
  Ensure that the currency types are defined and assigned correctly in the material ledger settings.
  
  
  
  Assign Currency Types:
  
  If the currency type is missing, you can assign it by navigating to the relevant configuration path:
  
  SPRO > Financial Accounting > Financial Accounting Global Settings > Material Ledger > Define Currency Types.
  
  
  Here, you can define and assign the necessary currency types to the material ledger.
  
  
  
  Check for Customization:
  
  If there are any custom developments or enhancements in your SAP system, ensure that they are not interfering with the standard material ledger functionality.
  
  
  
  Recheck Transaction:
  
  After making the necessary adjustments, try to reprocess the transaction that triggered the error.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  MM03: Display Material Master
  OML0: Material Ledger Configuration
  CKM3N: Display Material Ledger Document
  
  
  Documentation:
  
  Refer to SAP Help documentation for detailed information on material ledger configuration and currency types.
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address specific issues related to the CK495 error.
  
  
  
  By following these steps, you should be able to resolve the CK495 error and ensure that the material ledger is properly configured to handle the required currency types.