How To Fix CKMLSIM016 - There are material prices not yet determined (1-lvl) in valuation area &1

CKMLSIM016 - Overview

• Message type: E = Error

• Message class: CKMLSIM - Message Class for the Simulation

• Message number: 016

• Message text: There are material prices not yet determined (1-lvl) in valuation area &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CKMLSIM016 - There are material prices not yet determined (1-lvl) in valuation area &1 ?

  The SAP error message CKMLSIM016 indicates that there are material prices that have not yet been determined in a specific valuation area. This typically occurs during the process of material valuation or when trying to perform a transaction that requires a valid material price, such as inventory valuation or cost calculation.
  
  Cause:
  
  Missing Price Determination: The material in question has not had its price determined yet. This can happen if the material is newly created or if there have been changes to the material master data that have not been processed.
  Valuation Area Issues: The valuation area (which can be a plant or company code) may not have the necessary price data for the materials involved.
  Incomplete Configuration: The configuration for material valuation may not be complete, leading to missing price determination for certain materials.
  Price Control Settings: The price control settings (standard price or moving average price) may not be set correctly for the