How To Fix CK544 - Your system has no costing type for the standard cost estimate

CK544 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 544

• Message text: Your system has no costing type for the standard cost estimate

What causes this issue?

You are attempting to release the standard cost estimate of a material
for a certain posting period. However, no costing type for the standard
cost estimate exists in the system.

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?

Go into Customizing for Product Cost Controlling and do the following:
Check the costing variant which you are using for the standard cost
estimate.
Create a costing type that updates the <ZH>standard price</>.
Assign this costing type to the costing variant for the standard cost
estimate.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK544 - Your system has no costing type for the standard cost estimate ?

  The SAP error message CK544 ("Your system has no costing type for the standard cost estimate") typically occurs when you attempt to perform a standard cost estimate in the Controlling (CO) module, but the system cannot find a valid costing type for the operation. This can happen for several reasons, and here are the common causes, solutions, and related information:
  Causes:
  
  Missing Costing Type Configuration: The costing type required for the standard cost estimate is not defined in the system.
  Incorrect Valuation Variant: The valuation variant assigned to the costing run may not have the necessary costing types configured.
  Missing Master Data: The material master or other related master data may not be set up correctly, leading to the inability to find a costing type.
  Authorization Issues: The user may not have the necessary authorizations to access the costing types.
  
  Solutions:
  
  
  Check Costing Type Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Controlling >