Message type: E = Error
Message class: CK - Product Costing Messages
Message number: 547
Message text: No future standard cost estimate exists for posting period &3 &4
You are attempting to release the standard cost estimate of material
&v1& in plant &v2& for the future posting period &v3& of fiscal year
&v4&.
The system could not find this cost estimate.
Cost the material again, mark the cost estimate, and release it.
Error message extract from SAP system. Copyright SAP SE.
CK547
- No future standard cost estimate exists for posting period &3 &4 ?The SAP error message CK547 "No future standard cost estimate exists for posting period &3 &4" typically occurs when you are trying to post a transaction that requires a standard cost estimate for a future period, but no such estimate has been created or is available in the system for that specific period.
Cause: Missing Standard Cost Estimate: The primary cause of this error is that a standard cost estimate has not been created for the material in question for the specified future posting period. Posting Period: The error indicates that the posting period you are trying to use is beyond the current period, and the system does not have a standard cost estimate for that future period. Costing Variant Settings: There may be issues with the costing variant settings that prevent the creation of future cost estimates.
Solution: Create a Standard Cost Estimate: Navigate to the transaction code CK11N (Create Standard Cost Estimate). Enter the relevant material
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