How To Fix CK545 - No current standard cost estimate found in posting period &3 &4

CK545 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 545

• Message text: No current standard cost estimate found in posting period &3 &4

What causes this issue?

You are attempting to release the standard cost estimate for material
&v1& in plant &v2& for a future posting period. However, the current
standard cost estimate no longer exists in posting period &v3& of
fiscal year &v4&.

System Response

Because of this inconsistency, the standard cost estimate cannot be
released.

How to fix this error?

Notify your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK545 - No current standard cost estimate found in posting period &3 &4 ?

  The SAP error message CK545 "No current standard cost estimate found in posting period &3 &4" typically occurs when you are trying to post a transaction that requires a standard cost estimate, but the system cannot find a valid standard cost estimate for the specified material in the given posting period.
  
  Cause:
  
  Missing Standard Cost Estimate: The standard cost estimate for the material in question has not been created or released for the specified period.
  Posting Period Issues: The posting period may not be open for the relevant accounting period, or the cost estimate may not be valid for that period.
  Material Master Data: The material master data may not be updated with the latest cost estimate.
  Costing Variant: The costing variant used may not be configured correctly, or the necessary settings may be missing.
  
  
  Solution:
  
  
  Create/Release Standard Cost Estimate:
  
  Go to the transaction code CK11N (Create Cost Estimate) or CK40N (Change Cost Estimate) to create or release