How To Fix CKBK040 - Valuation date &1 falls outside the costing period

CKBK040 - Overview

• Message type: E = Error

• Message class: CKBK - Messages of the Valuation Functions

• Message number: 040

• Message text: Valuation date &1 falls outside the costing period

What causes this issue?

The valuation date &v1& does not fall within the validity period from
&v2& to &v3& for cost estimate &v4&.

System Response

The valuation date remains unchanged.

How to fix this error?

Either choose a valid valuation date or change the validity period of
the cost estimate.

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.

CKBK040 - Details

• The SAP error message CKBK040 indicates that the valuation date specified in a transaction falls outside the defined costing period. This typically occurs when you are trying to perform a costing operation (like a material valuation or a cost estimate) for a date that is not within the active costing period defined in the system.
  
  Cause:
  
  Costing Period Not Open: The costing period for the specified valuation date is closed. This means that the system does not allow any cost calculations or adjustments for that period.
  Incorrect Valuation Date: The valuation date provided in the transaction is incorrect or not aligned with the open periods in the system.
  
  Configuration Issues: There may be configuration settings in the controlling area or company code that restrict the costing periods.
  
  
  Solution:
  
  
  Check Costing Periods:
  
  Go to the transaction code OKP1 (for controlling area) or OKP2 (for company code) to check the status of the costing periods.
  Ensure that the costing period