How To Fix CKBK016 - Price could not be determined from purchasing info record &1

CKBK016 - Overview

• Message type: E = Error

• Message class: CKBK - Messages of the Valuation Functions

• Message number: 016

• Message text: Price could not be determined from purchasing info record &1

What causes this issue?

You were unable to determine a price at valuation date &v3& from
<DS:GLOS.3526BFD2AFAB52B9E10000009B38F974>Purchasing information record
</> &v1& with <DS:GLOS.3526BFD3AFAB52B9E10000009B38F974>Purchasing
organization</> &v2&.

System Response

To the extent that this is possible, the valuation is carried out using
the next valuation strategy.

How to fix this error?

Check the purchasing information record (<DS:TRAN.ME13>Display
information record</>). In particular check whether there is a valid
price as at &v3&.
Check the <DS:GLOS.3526B752AFAB52B9E10000009B38F974>Valuation variant
</> and change the valuation strategy there as appropriate.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CKBK016 - Price could not be determined from purchasing info record &1 ?

  The SAP error message CKBK016, which states "Price could not be determined from purchasing info record &1," typically occurs when the system is unable to find a valid price for a material in the purchasing info record (PIR) during a procurement process. This can happen in various scenarios, such as when creating a purchase order or a purchase requisition.
  Causes:
  
  Missing Info Record: There is no purchasing info record for the material and vendor combination.
  Invalid Info Record: The purchasing info record exists but is not valid for the specific conditions (e.g., validity period, plant, or purchasing organization).
  Price Conditions: The price conditions in the info record may not be set up correctly or may be missing.
  Material Master Data: The material master data may not be set up correctly, leading to issues in determining the price.
  Vendor Master Data: The vendor master data may not be correctly linked to the purchasing info record.
  Purchasing Organization: The