How To Fix CKMLSENDPRICE721 - Company Valuation

SAP Error Message - Details

• Message type: E = Error

• Message class: CKMLSENDPRICE - Send Material Price

• Message number: 721

• Message text: Company Valuation

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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Smart SAP Assistant

• What is the cause and solution for SAP error message CKMLSENDPRICE721 - Company Valuation ?

  The SAP error message CKMLSENDPRICE721 typically relates to issues with the valuation of materials in the context of the Material Ledger (ML) and can occur during the process of sending prices for materials. This error can arise due to various reasons, including configuration issues, missing data, or inconsistencies in the material master records.
  Cause:
  
  Missing or Incorrect Configuration: The Material Ledger may not be properly configured for the company code or plant.
  Inconsistent Data: There may be inconsistencies in the material master data, such as missing valuation classes or incorrect price control indicators.
  Currency Issues: If there are discrepancies in currency settings between the material master and the company code, it can lead to this error.
  Valuation Type Issues: The valuation type for the material may not be set up correctly, or the material may not be assigned to the correct valuation area.
  Period Closing: If the period is closed in the Material Ledger, it may prevent further price changes or updates.
  
  Solution:
  
  Check Configuration: Ensure that the Material Ledger is correctly configured for the relevant company code and plant. This includes checking the settings in the configuration menu (SPRO).
  Review Material Master Data: Verify that the material master data is complete and accurate. Check the valuation class, price control (standard price or moving average price), and ensure that all necessary fields are filled.
  Currency Settings: Confirm that the currency settings in the material master match those in the company code. Ensure that the currency conversion settings are correct.
  Valuation Type: Make sure that the valuation type is correctly assigned to the material and that it aligns with the valuation area.
  Open Periods: If the period is closed, you may need to reopen it or ensure that the necessary adjustments are made in the current period.
  Check for Updates: Sometimes, applying the latest SAP notes or patches can resolve known issues related to this error.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like MM03 (Display Material), CKM3N (Material Ledger Document), and CKMLCP (Material Ledger Closing) to investigate and resolve issues.
  SAP Notes: Check SAP Notes for any specific fixes or updates related to the CKMLSENDPRICE721 error.
  Documentation: Refer to SAP Help documentation for detailed information on Material Ledger configuration and troubleshooting.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.