How To Fix CO466 - Valation variant does not exist for material valuation

SAP Error Message - Details

• Message type: E = Error

• Message class: CO - PPC order processing messages

• Message number: 466

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

What causes this issue?

You want to create or change a material component. However, the
valuation variant required for valuating the material does not exist.

System Response

The material component cannot be created or changed.

How to fix this error?

First check which costing variant is used for calculating the planned
costs of the order/network.
Now check the valuation variant to which the costing variant refers.
Change it if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CO466 - Valation variant does not exist for material valuation ?

  The SAP error message CO466, which states "Valuation variant does not exist for material valuation," typically occurs in the context of controlling and material management when the system cannot find a valid valuation variant for the specified material. This can happen during various processes, such as when trying to perform a cost calculation or when executing a transaction that requires material valuation.
  Causes:
  
  Missing Valuation Variant: The valuation variant for the material may not have been defined in the system.
  Incorrect Configuration: The configuration settings for the valuation variant may be incorrect or incomplete.
  Material Master Data Issues: The material master record may not be properly set up, or the valuation class may not be linked to a valid valuation variant.
  Company Code or Plant Issues: The valuation variant may not be assigned to the relevant company code or plant.
  
  Solutions:
  
  
  Define Valuation Variant:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Controlling > Product