CO465 - Costing variant does not exist for material valuation

SAP Error Message - Details

• Message type: E = Error

• Message class: CO - PPC order processing messages

• Message number: 465

• Message text: Costing variant does not exist for material valuation

What causes this issue?

You want to add or change a material component. The costing variant
which is needed to valuate the component does not exist or was not
transferred.

System Response

The material component cannot be added or changed.

How to fix this error?

Maintain the costing variant in Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CO465 - Costing variant does not exist for material valuation ?

  The SAP error message CO465, which states "Costing variant does not exist for material valuation," typically occurs when the system is unable to find a valid costing variant for the material in question during a costing run or when trying to perform a valuation. This can happen in various scenarios, such as during the creation of a cost estimate or when executing a transaction that requires cost information.
  Causes:
  
  Missing Costing Variant: The costing variant that is required for the material valuation is not defined in the system.
  Incorrect Configuration: The configuration settings for the costing variant may not be set up correctly, or the variant may not be assigned to the relevant valuation area.
  Material Master Data Issues: The material master record may not have the necessary costing information or may not be properly maintained.
  Valuation Area Issues: The valuation area (plant or company code) may not have the costing variant assigned.
  
  Solutions:
  
  
  Check Costing Variant Configuration:
  
  Go to the configuration settings in SAP (Transaction code: OKKN).
  Verify that the costing variant you are trying to use is defined and active.
  Ensure that the costing variant is assigned to the appropriate valuation area.
  
  
  
  Assign Costing Variant to Valuation Area:
  
  If the costing variant is missing for the specific valuation area, you can assign it by navigating to the configuration settings for costing variants and ensuring it is linked to the correct valuation area.
  
  
  
  Review Material Master Data:
  
  Check the material master record (Transaction code: MM03) for the material in question.
  Ensure that the costing view is properly maintained and that the relevant costing variant is specified.
  
  
  
  Create or Modify Costing Variant:
  
  If the costing variant does not exist, you may need to create a new costing variant (Transaction code: OKKN) or modify an existing one to meet your requirements.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on how to configure costing variants and their relationship with material valuation.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OKKN: Configuration of Costing Variants
  MM03: Display Material Master
  CK11N: Create Cost Estimate
  CK40N: Execute Costing Run
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to costing variants and material valuation.
  
  
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to access and modify costing variants and material master data.
  
  
  By following these steps, you should be able to resolve the CO465 error and ensure that the costing variant is correctly set up for material valuation in your SAP system.