How To Fix CK704 - No cost estimate found for price update

CK704 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 704

• Message text: No cost estimate found for price update

What causes this issue?

Following a selection by you, no cost estimates were found that could
used for <DS:GLOS.3526B6E6AFAB52B9E10000009B38F974>price update</>
purposes.

How to fix this error?

Check your selection criteria in the request screen.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK704 - No cost estimate found for price update ?

  The SAP error message CK704 ("No cost estimate found for price update") typically occurs in the context of material valuation and cost accounting. This error indicates that the system could not find a valid cost estimate for the material when attempting to update the price.
  Causes:
  
  Missing Cost Estimate: The most common cause is that there is no cost estimate available for the material in the specified period.
  Costing Variant Issues: The costing variant used may not be configured correctly or may not be applicable for the material.
  Material Master Data: The material master may not have been set up correctly, or the relevant views (like costing view) may be missing.
  Costing Run Not Executed: The costing run for the relevant period may not have been executed, leading to the absence of a cost estimate.
  Incorrect Valuation Class: The valuation class assigned to the material may not be linked to a valid cost estimate.
  
  Solutions:
  
  Check Cost Estimates: