How To Fix CK497 - Standard cost estimate for future period &3 already released

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 497

• Message text: Standard cost estimate for future period &3 already released

What causes this issue?

In &v4& the following occurred:
You are attempting to mark the standard cost estimate for material &v1&
in plant &v2& for posting period &v3&. However, this standard cost
estimate has already been released.

System Response

Marking it is therefore not necessary and is cancelled by the system.

How to fix this error?

No further actions for marking the standard cost estimate for material
&v1& in plant &v2& are required.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK497 - Standard cost estimate for future period &3 already released ?

  The SAP error message CK497 indicates that a standard cost estimate for a future period has already been released. This typically occurs when you attempt to release a new standard cost estimate for a period that has already been closed or for which a cost estimate has already been finalized.
  Cause:
  
  Existing Cost Estimate: A standard cost estimate for the specified future period has already been released.
  Period Closure: The period you are trying to release the cost estimate for may be closed in the system, preventing any changes.
  Incorrect Date: The date you are using for the new cost estimate may overlap with an already released estimate.
  
  Solution:
  
  
  Check Existing Cost Estimates: 
  
  Use transaction code CK13N (Display Cost Estimate) to check if a cost estimate for the specified period already exists.
  If it does, you may need to decide whether to adjust the existing estimate or create a new one for a different period.
  
  
  
  Adjust the Cost Estimate:
  
  If you need to modify the existing cost estimate, you can use transaction code CK24 (Change Cost Estimate) to make necessary adjustments.
  
  
  
  Release New Cost Estimate:
  
  If you need to release a new cost estimate, ensure that it is for a period that has not been closed and that no other estimates exist for that period.
  
  
  
  Consult with Finance Team: 
  
  If you are unsure about the implications of changing cost estimates, consult with your finance or controlling team to ensure compliance with accounting practices.
  
  
  
  Check Configuration: 
  
  Ensure that your configuration settings in the controlling module (CO) allow for the release of cost estimates as needed.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  CK13N: Display Cost Estimate
  CK24: Change Cost Estimate
  CK40N: Create Cost Estimate
  
  
  Documentation: Refer to SAP Help documentation for detailed procedures on managing cost estimates.
  User Roles: Ensure that you have the necessary authorizations to view and modify cost estimates in the system.
  
  By following these steps, you should be able to resolve the CK497 error and manage your standard cost estimates effectively.