How To Fix CKMLSENDPRICE702 - Currency and Valuation Type

SAP Error Message - Details

• Message type: E = Error

• Message class: CKMLSENDPRICE - Send Material Price

• Message number: 702

• Message text: Currency and Valuation Type

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CKMLSENDPRICE702 - Currency and Valuation Type ?

  The SAP error message CKMLSENDPRICE702 typically occurs in the context of Material Ledger (ML) and is related to issues with currency and valuation types during the processing of material prices. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Currency Mismatch: The error often arises when there is a mismatch between the currency of the material price and the currency defined in the valuation type or the material master.
  Valuation Type Issues: The valuation type may not be correctly set up or may not correspond to the currency being used in the transaction.
  Missing Configuration: There may be missing configuration settings in the Material Ledger or in the currency settings for the specific valuation type.
  Inconsistent Data: Inconsistencies in the data related to the material master, such as the currency settings or valuation classes, can also lead to this error.
  
  Solution:
  
  
  Check Material Master Data:
  
  Go to the material master record (transaction code MM03) and verify the currency settings under the accounting view and the costing view.
  Ensure that the valuation type is correctly assigned and that the currency matches the expected currency for transactions.
  
  
  
  Review Valuation Type Configuration:
  
  Check the configuration of the valuation type in the Customizing settings (transaction code SPRO).
  Ensure that the valuation type is correctly defined and that it supports the currency being used.
  
  
  
  Material Ledger Configuration:
  
  Ensure that the Material Ledger is properly configured for the company code and that the currency settings are consistent across all relevant configurations.
  Check the settings for the Material Ledger in the Customizing menu under "Logistics > Materials Management > Material Ledger".
  
  
  
  Transaction Currency:
  
  Verify the transaction currency being used in the document that is causing the error. Ensure it aligns with the currency settings in the material master and valuation type.
  
  
  
  Reprocess the Document:
  
  If the error occurred during a specific transaction, try to reprocess the document after making the necessary corrections.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error message. SAP Notes often provide patches or additional guidance for known issues.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM03 (Display Material), CK11N (Create Cost Estimate), and CKMLCP (Material Ledger Closing).
  Documentation: Review SAP documentation related to Material Ledger and valuation types for a deeper understanding of how these components interact.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify and resolve the CKMLSENDPRICE702 error effectively.