How To Fix CO861 - Price is not defined for material &

CO861 - Overview

• Message type: E = Error

• Message class: CO - PPC order processing messages

• Message number: 861

• Message text: Price is not defined for material &

What causes this issue?

No price has been defined for material &V1&.

How to fix this error?

Enter a price for material &V1& on the accounting screen of the material
master record.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CO861 - Price is not defined for material & ?

  The SAP error message CO861, which states "Price is not defined for material &," typically occurs in the context of controlling and costing processes, particularly when dealing with materials in production orders or cost estimates. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Missing Price Control: The material in question does not have a defined price in the system. This can happen if the material master data is incomplete or if the price has not been maintained for the relevant valuation area.
  Incorrect Valuation Class: The valuation class assigned to the material may not be set up correctly, leading to issues in price determination.
  Material Type Settings: The material type may not allow for price determination, or it may be set up incorrectly in the configuration.
  Missing Costing Data: If the material is new or has recently been created, the costing data may not have been updated or maintained properly.
  
  Solutions:
  
  
  Check Material