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

SAP Error Message - Details

• 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 material may not be assigned correctly, leading to issues in price determination.
  
  Solution:
  
  Check Material Master: Verify that the material master data is complete and correctly maintained. Ensure that the accounting view is properly filled out, including the price control indicator.
  Price Control: Ensure that the price control (standard price or moving average price) is set correctly for the material. If using standard price, ensure that a valid standard price is maintained.
  Valuation Class: Check if the valuation class is assigned correctly in the material master. The valuation class should correspond to the correct G/L accounts for inventory valuation.
  Price Determination: Manually determine the price for the material if necessary. This can be done through transaction codes like CK11N (Create Cost Estimate) or CK40N (Change Cost Estimate).
  Check Period Closing: Ensure that the period is open for posting. If the period is closed, you may need to reopen it or wait until the next period.
  Run Price Determination: If applicable, run the price determination process to update the prices for the materials in question.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  MM03: Display Material Master
  CK11N: Create Cost Estimate
  CK40N: Change Cost Estimate
  CKMLCP: Actual Costing for Material Ledger
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  Documentation: Review SAP documentation on Material Ledger and price determination processes for a deeper understanding of how pricing works in SAP.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP community forums for additional insights.