How To Fix CKMLVNB053 - Determine price for material &1 &2 first

CKMLVNB053 - Overview

• Message type: E = Error

• Message class: CKMLVNB - Revaluation of Consumption

• Message number: 053

• Message text: Determine price for material &1 &2 first

What causes this issue?

You want to revaluate consumption for material &v1&, with movement type
&v2& in valuation area &v3&. In order to do this you have entered the
period you want to revaluate.
However, you have not yet determined a price for the material in the
period concerned.

System Response

The System does not allow you to revaluate consumption for this
material.

How to fix this error?

Execute single and multilevel price determination for relevant period
first.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CKMLVNB053 - Determine price for material &1 &2 first ?

  The SAP error message CKMLVNB053 "Determine price for material &1 &2 first" typically occurs in the context of Material Ledger (ML) when the system is unable to find a valid price for a material during a transaction or process. This error is often encountered in scenarios involving inventory valuation, material movements, or during the execution of certain reports.
  
  Cause:
  
  Missing Price Determination: The system has not been able to determine a valid price for the specified material (indicated by &1) in the specified plant (indicated by &2).
  Price Control Settings: The material may not have been set up correctly in terms of price control (standard price vs. moving average price).
  Material Master Data: The material master data may be incomplete or not properly maintained, particularly in the accounting view.
  Period Closing: If the period is closed, the system may not allow price determination for transactions in that period.
  Missing Valuation Class: The valuation class for the