How To Fix CKPRCH025 - A current or future standard price exists for material &

SAP Error Message - Details

• Message type: E = Error

• Message class: CKPRCH - Message for price changes

• Message number: 025

• Message text: A current or future standard price exists for material &

What causes this issue?

A current or future cost estimate exists.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

You can set the price of a marked cost estimate through the radio
button 'Default Planned Prices' and release it by saving.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CKPRCH025 - A current or future standard price exists for material & ?

  The SAP error message CKPRCH025 indicates that there is a current or future standard price set for a material, which is preventing certain operations from being completed. This error typically arises in the context of material valuation and pricing, particularly when trying to change the price or perform certain transactions that require a specific pricing condition.
  Cause:
  
  Existing Standard Price: The material in question has a standard price that is either currently active or set for a future date. This can occur if the material has been maintained in the system with a standard price that is not yet valid for the transaction you are trying to perform.
  Price Change Restrictions: The system may restrict changes to the price if there are existing transactions or postings that depend on the current standard price.
  Material Master Data: The material master data may have been incorrectly set up, leading to conflicts in pricing.
  
  Solution:
  
  Check Material Master: Review the material master data for the specific material. Navigate to the material master (transaction code MM03) and check the accounting view to see the current and future standard prices.
  Adjust Standard Price: If you need to change the standard price, ensure that you are doing so in the correct period. You may need to change the price in the future period if it is currently set.
  Use Transaction CK40N: If you need to change the standard price, you can use transaction CK40N (Change Standard Price) to adjust the price for the relevant period.
  Check for Open Periods: Ensure that the accounting periods are open for the changes you are trying to make. If the period is closed, you may need to open it or wait until it is open.
  Consult with Finance Team: If you are unsure about the implications of changing the standard price, consult with your finance or controlling team to ensure that the changes align with your organization's financial policies.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM03 (Display Material), CK40N (Change Standard Price), and CK11N (Create/Change Cost Estimate).
  Material Valuation: Understand the principles of material valuation in SAP, including standard costing and how it affects inventory and financial reporting.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address specific issues.
  Documentation: Review SAP documentation or training materials related to material management and pricing to better understand the processes involved.
  
  By following these steps, you should be able to resolve the CKPRCH025 error and proceed with your material pricing activities in SAP.