How To Fix CKBK506 - Cost estimate does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: CKBK - Messages of the Valuation Functions

• Message number: 506

• Message text: Cost estimate does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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• What is the cause and solution for SAP error message CKBK506 - Cost estimate does not exist ?

  The SAP error message CKBK506, which states "Cost estimate does not exist," typically occurs when you are trying to access or process a cost estimate that has not been created or is not available in the system for the specified material or service. Here are the potential causes, solutions, and related information for this error:
  Causes:
  
  Cost Estimate Not Created: The most common reason for this error is that a cost estimate has not been created for the material or service in question.
  Incorrect Valuation Area: The valuation area (plant or company code) may not have a cost estimate available.
  Costing Version: The costing version you are trying to access may not have been activated or may not exist.
  Data Deletion: The cost estimate may have been deleted or archived.
  Incorrect Material/Service Number: The material or service number entered may be incorrect or does not exist in the system.
  
  Solutions:
  
  Create a Cost Estimate: If a cost estimate does not exist, you will need to create one. This can be done using transaction codes such as CK11N (Create Cost Estimate with Quantity Structure) or CK40N (Create Cost Estimate for Material).
  Check Valuation Area: Ensure that you are looking for the cost estimate in the correct valuation area. You can check the valuation area settings in the material master record.
  Verify Costing Version: Make sure that the costing version you are trying to use is active. You can check this in the configuration settings for cost estimates.
  Review Material/Service Number: Double-check the material or service number you are using to ensure it is correct and exists in the system.
  Check for Deletion/Archiving: If the cost estimate was deleted or archived, you may need to restore it or create a new one.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CK11N, CK40N, CK24 (Display Cost Estimate), and CK13N (Display Cost Estimate with Quantity Structure).
  Costing Variants: Understand the different costing variants and how they affect the creation and retrieval of cost estimates.
  SAP Documentation: Refer to SAP Help documentation for detailed guidance on cost estimates and related processes.
  User Authorizations: Ensure that you have the necessary authorizations to create or view cost estimates in the system.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or check the SAP community forums for additional insights.