How To Fix CP551 - Maintain price parameters completely

SAP Error Message - Details

• Message type: E = Error

• Message class: CP - Task list messages: Core data

• Message number: 551

• Message text: Maintain price parameters completely

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CP551 - Maintain price parameters completely ?

  The SAP error message CP551 ("Maintain price parameters completely") typically occurs in the context of SAP's Controlling (CO) module, particularly when dealing with cost planning or product costing. This error indicates that certain required price parameters have not been fully maintained or configured in the system.
  Cause:
  The error can arise due to several reasons, including:
  
  Incomplete Configuration: Required price parameters for a material or cost center have not been set up completely in the system.
  Missing Data: Certain fields that are necessary for the pricing procedure are left blank or not filled out correctly.
  Incorrect Master Data: The master data for materials, cost centers, or other relevant entities may be incomplete or incorrect.
  Missing Validity Dates: Price parameters may not have valid start and end dates, leading to the system not recognizing them as active.
  
  Solution:
  To resolve the CP551 error, you can follow these steps:
  
  
  Check Price Parameters:
  
  Navigate to the relevant transaction (e.g., CK11N for material cost estimates or KP26 for cost center planning).
  Ensure that all required price parameters are filled out completely. This includes checking for any missing values in fields such as standard price, variable costs, fixed costs, etc.
  
  
  
  Review Master Data:
  
  Verify that the master data for the materials or cost centers involved is complete and accurate. This includes checking the material master (transaction MM03) and cost center master data (transaction KS03).
  
  
  
  Maintain Validity Dates:
  
  Ensure that the price parameters have valid start and end dates. If the parameters are not valid for the current period, the system may throw this error.
  
  
  
  Use Transaction Codes:
  
  Use transaction codes like CK40N (for cost estimates) or KP26 (for planning) to review and maintain the necessary parameters.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific guidance on the required fields for the price parameters relevant to your scenario.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to maintain the price parameters. Lack of permissions can sometimes lead to incomplete data entry.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CK11N, CK40N, KP26, and others that are used for cost planning and material costing.
  SAP Notes: Search for SAP Notes related to error CP551 for any specific patches or updates that may address the issue.
  Training and Documentation: Consider reviewing training materials or documentation related to SAP Controlling and pricing procedures to better understand the requirements for maintaining price parameters.
  
  By following these steps, you should be able to identify and resolve the cause of the CP551 error in SAP.