How To Fix CK550 - Material &1 in plant &2 has no costing view

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 550

• Message text: Material &1 in plant &2 has no costing view

What causes this issue?

You are attempting to release the standard cost estimate of material
&v1& in plant &v2& for a certain posting period. However, the system
determined that the master record of this material does not have a
costing view.

System Response

The cost estimate is not released.

How to fix this error?

Create a costing view in the master record of material &v1& in plant
&v2&.
Mark the standard cost estimate of the material for the current period
or for a future period.
Release this 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 CK550 - Material &1 in plant &2 has no costing view ?

  The SAP error message CK550 indicates that a material in a specific plant does not have a costing view. This is a common issue encountered in SAP when trying to perform cost calculations or when executing transactions that require a costing view for the material.
  Cause:
  The error occurs because the material master record for the specified material in the specified plant does not have a costing view (view "Costing 1" or "Costing 2") maintained. The costing view is essential for various processes, including product costing, inventory valuation, and financial reporting.
  Solution:
  To resolve this error, you need to create or maintain the costing view for the material in the material master. Here are the steps to do this:
  
  
  Access the Material Master:
  
  Use transaction code MM01 (Create Material) or MM02 (Change Material) in SAP.
  
  
  
  Enter Material and Plant:
  
  Input the material number and the plant where the error occurred.
  
  
  
  Select Views:
  
  In the selection screen, ensure that you select the "Costing 1" and/or "Costing 2" views. You may also need to select other relevant views depending on your organization's requirements.
  
  
  
  Maintain Costing Information:
  
  Fill in the necessary fields in the costing view, such as standard price, moving average price, and any other relevant costing data.
  
  
  
  Save Changes:
  
  After entering the required information, save the changes to the material master.
  
  
  
  Re-run the Transaction:
  
  After maintaining the costing view, re-run the transaction that triggered the CK550 error to verify that the issue has been resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  MM01: Create Material
  MM02: Change Material
  MM03: Display Material
  CK11N: Create Cost Estimate with Quantity Structure
  CK40N: Change Cost Estimate
  
  
  
  Costing Views:
  
  Costing views are essential for various SAP modules, including Controlling (CO) and Materials Management (MM). They provide the necessary data for cost calculations and inventory valuation.
  
  
  
  Authorization:
  
  Ensure that you have the necessary authorizations to create or change material master records.
  
  
  
  Material Types:
  
  Different material types may have different requirements for costing views. Ensure that the material type you are working with supports costing views.
  
  
  
  By following these steps, you should be able to resolve the CK550 error and ensure that the material has the necessary costing view for your SAP processes.