How To Fix CK740 - Material &1 in plant &2 belongs to cycle &3 costed with errors

CK740 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 740

• Message text: Material &1 in plant &2 belongs to cycle &3 costed with errors

What causes this issue?

Material &v1& in plant &v2& belongs to cycle &v3&, which cannot be
iterated.

System Response

All materials in cycle &v3& are indicated as 'costed with errors'.

How to fix this error?

In the log above this message, you will discover the reason why cycle
&v3& could not be iterated. Remove the cause of the error and start
costing again.

Error message extract from SAP system. Copyright SAP SE.

CK740 - Details

• The SAP error message CK740 indicates that there are issues with the costing of a material in a specific plant, which is part of a cost cycle. This error typically arises during the costing run in the Controlling (CO) module, particularly when using the Product Costing functionality.
  
  Cause:
  The error message CK740 can be triggered by several factors, including:
  
  Missing Master Data: Required master data such as material master records, BOMs (Bill of Materials), or routing information may be incomplete or missing.
  Costing Variants: The costing variant used may not be correctly configured or may not have the necessary settings for the costing run.
  Errors in BOM or Routing: There may be inconsistencies or errors in the BOM or routing that prevent successful costing.
  Price Control Issues: The price control settings (standard price vs. moving average price) may not be set correctly for the material.
  Costing Sheet Issues: The costing sheet may not be properly defined or