How To Fix CK504 - Multiple valuation method (&1) is not active

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 504

• Message text: Multiple valuation method (&1) is not active

What causes this issue?

&v1&: You want to mark standard cost estimates, but multiple valuation
is not active for controlling area &v2&.

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?

The transaction <DS:TRAN.8KEM>Currency and valuation profile</> enables
you to define the multiple valuation methods.
With <DS:TRAN.OKKP>Assign profile</>, the currency and valuation
profile can be assigned to controlling area &v2&.
With the <DS:TRAN.8KEP>Activate multiple valuation</> transaction, the
&v1& can be activated for controlling area &v2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK504 - Multiple valuation method (&1) is not active ?

  The SAP error message CK504 indicates that a specific multiple valuation method is not active in the system. This error typically arises in the context of Material Ledger and valuation methods used for inventory valuation in SAP.
  Cause:
  The error occurs when:
  
  The multiple valuation method specified (indicated by &1 in the error message) is not activated in the system.
  The configuration for the Material Ledger is incomplete or incorrect.
  The valuation method is not assigned to the relevant company code or controlling area.
  
  Solution:
  To resolve the CK504 error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:
  SPRO -> SAP Reference IMG -> Controlling -> Product Cost Controlling -> Material Ledger -> Activate Material Ledger
  
  Ensure that the multiple valuation method you are trying to use is activated.
  
  
  
  Activate the Valuation Method:
  
  If the valuation method is not active, you can activate it by selecting the appropriate option in the configuration settings.
  
  
  
  Assign Valuation Method:
  
  Ensure that the valuation method is assigned to the relevant company code or controlling area. This can be done in the same configuration area mentioned above.
  
  
  
  Check Material Master:
  
  Verify the material master records to ensure that the correct valuation method is assigned to the materials in question.
  
  
  
  Review Transaction Data:
  
  If the error occurs during a specific transaction, review the transaction data to ensure that it aligns with the activated valuation methods.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP Basis or Controlling team for assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  You may use transaction codes like CKM3 (Material Ledger: Display Material) to check the material ledger data.
  OMX1 can be used to check and maintain multiple valuation methods.
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that might provide additional insights or solutions related to this error.
  
  
  
  User Roles:
  
  Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  
  
  By following these steps, you should be able to resolve the CK504 error and ensure that the multiple valuation method is properly activated and configured in your SAP system.