How To Fix CKPRCH024 - Price will be negative: Material &1 in currency &2

SAP Error Message - Details

• Message type: E = Error

• Message class: CKPRCH - Message for price changes

• Message number: 024

• Message text: Price will be negative: Material &1 in currency &2

What causes this issue?

You are trying to adjust by an amount that is larger than the current
inventory value. The price, therefore will be negative.

System Response

This material will not be changed.

How to fix this error?

Either enter a smaller amount or a larger base quantity.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CKPRCH024 - Price will be negative: Material &1 in currency &2 ?

  The SAP error message CKPRCH024 indicates that there is an issue with the pricing of a material in the system, specifically that the calculated price for the material is resulting in a negative value. This can occur in various scenarios, particularly during the valuation of materials in the context of cost accounting or inventory management.
  Cause:
  
  Negative Price Calculation: The most common cause is that the pricing conditions or calculations for the material have led to a negative price. This can happen due to incorrect pricing conditions, discounts, or adjustments that exceed the base price.
  Incorrect Master Data: Issues in the material master data, such as incorrect valuation class or price control settings, can lead to negative pricing.
  Costing Variants: The costing variant used may not be set up correctly, leading to incorrect calculations.
  Manual Adjustments: Manual entries or adjustments in pricing or cost components that are not aligned with the expected values can also lead to this error.
  
  Solution:
  
  Review Pricing Conditions: Check the pricing conditions for the material in question. Ensure that discounts or adjustments do not exceed the base price.
  Check Material Master Data: Verify the material master data for the affected material. Ensure that the valuation class, price control (standard price or moving average price), and other relevant fields are correctly set.
  Costing Variant Configuration: Review the costing variant settings to ensure they are configured correctly for the material and the relevant valuation area.
  Recalculate Prices: If necessary, recalculate the prices for the material using the appropriate transaction (e.g., CK11N for creating a cost estimate).
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and related transactions.
  Check for Updates: Ensure that your SAP system is up to date with the latest patches and updates, as some issues may be resolved in newer versions.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like CK11N (Create Cost Estimate), CK40N (Change Cost Estimate), or MM03 (Display Material) to investigate and resolve the issue.
  SAP Notes: Check SAP Notes for any known issues or fixes related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to make changes to pricing and material master data.
  
  By following these steps, you should be able to identify the root cause of the CKPRCH024 error and implement the necessary corrections to resolve it.