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

SAP Error Message - Details

• 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 Master Data:
  
  Go to the material master (transaction code MM03) and check the accounting view to ensure that the price is maintained for the relevant valuation area.
  Ensure that the price control indicator (Standard Price or Moving Average Price) is set correctly.
  
  
  
  Maintain Price in Costing:
  
  If the material is used in a production order, ensure that the price is maintained in the costing view of the material master.
  You can use transaction code CK11N to create a cost estimate for the material and ensure that the price is defined.
  
  
  
  Review Valuation Class:
  
  Check the valuation class assigned to the material and ensure that it is linked to the correct account determination in the configuration (transaction code OBYC).
  
  
  
  Update Costing Data:
  
  If the material is new, you may need to run a costing run to update the costing data. Use transaction CK40N for this purpose.
  
  
  
  Check Configuration:
  
  Review the configuration settings for the material type and ensure that it allows for price determination. This can be done in the SPRO configuration settings.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  MM03: Display Material Master
  CK11N: Create Cost Estimate
  CK40N: Execute Costing Run
  OBYC: Configure Automatic Account Determination
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on material master data and costing processes.
  
  
  User Exits and BAdIs: If custom logic is involved in price determination, check for any user exits or BAdIs that might affect the pricing logic.
  
  
  By following these steps, you should be able to identify the cause of the CO861 error and implement the necessary solutions to resolve it.