How To Fix CK554 - Material &1 in valuation area &2 could not be found

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 554

• Message text: Material &1 in valuation area &2 could not be found

What causes this issue?

You are attempting to release the standard cost estimate of material
&v1& in valuation area &v2&, valuation type &v3&. However, the system
could not read this material. The valuation segment may be missing.

System Response

The standard cost estimate is not released.

How to fix this error?

Check the accounting view and the costing view in the master record of
material &v1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK554 - Material &1 in valuation area &2 could not be found ?

  The SAP error message CK554 indicates that a specific material in a particular valuation area could not be found. This error typically occurs during processes related to material valuation, such as during the execution of a costing run or when trying to access material master data.
  Cause:
  
  Material Not Created: The material may not have been created in the specified valuation area.
  Incorrect Valuation Area: The valuation area specified in the transaction may not match the valuation area where the material is defined.
  Material Status: The material might be inactive or blocked for the valuation area.
  Data Inconsistency: There could be inconsistencies in the material master data or the configuration settings.
  Missing Master Data: The necessary master data for the material may not be maintained.
  
  Solution:
  
  Check Material Master: Verify that the material exists in the material master for the specified valuation area. You can do this by using transaction code MM03 to display the material and check its details.
  Create Material: If the material does not exist, create it using transaction code MM01, ensuring that you include the correct valuation area.
  Verify Valuation Area: Ensure that the valuation area you are using in your transaction is correct and corresponds to the one defined in the material master.
  Check Material Status: Ensure that the material is not blocked or inactive. You can check this in the material master data.
  Review Configuration: Check the configuration settings related to material valuation and ensure that they are set up correctly.
  Data Consistency Check: Run consistency checks on the material master data to identify any discrepancies.
  
  Related Information:
  
  Transaction Codes: 
  
  MM01: Create Material
  MM02: Change Material
  MM03: Display Material
  CK11N: Create Cost Estimate
  CK40N: Change Cost Estimate
  
  
  Valuation Areas: Valuation areas can be defined at the plant level or company code level, and it is essential to ensure that the material is assigned to the correct valuation area.
  Material Types: Different material types may have different settings and requirements, so ensure that the material type is appropriate for the valuation area.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  By following these steps, you should be able to resolve the CK554 error and ensure that the material is correctly set up in the specified valuation area.