How To Fix CKMLSENDPRICE701 - No Customizing data for valuation area &1 found

CKMLSENDPRICE701 - Overview

• Message type: E = Error

• Message class: CKMLSENDPRICE - Send Material Price

• Message number: 701

• Message text: No Customizing data for valuation area &1 found

What causes this issue?

The Customizing data for sending material prices to valuation area &v1&
was not found.

System Response

No price changes were made

How to fix this error?

Edit the Customizing data for valuation area &v1& under <ZK>Materials
Management</> -> <ZK>Valuation and Account Assignment</> -> <ZK>Set Up
Sending Material Prices</>

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.

CKMLSENDPRICE701 - Details

• The SAP error message CKMLSENDPRICE701 indicates that there is no customizing data found for the specified valuation area in the system. This error typically occurs in the context of Material Ledger (ML) and can arise during processes such as price determination, material valuation, or when trying to send data related to material prices.
  
  Cause:
  
  Missing Customizing Data: The most common cause is that the necessary customizing settings for the valuation area have not been maintained in the system.
  Incorrect Valuation Area: The valuation area specified in the transaction may not exist or may not be correctly configured.
  Material Ledger Not Activated: If the Material Ledger is not activated for the company code or valuation area, this error can occur.
  Data Inconsistency: There may be inconsistencies in the data related to the material or valuation area.
  
  
  Solution:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Controlling -> Material Ledger -> Activate Material Ledger.
  Ensure that the