How To Fix FBV_JOB029 - No minimum price for material &1, valuation area &2, valuation type &3

FBV_JOB029 - Overview

• Message type: E = Error

• Message class: FBV_JOB - Messages for Balance Sheet Valuation

• Message number: 029

• Message text: No minimum price for material &1, valuation area &2, valuation type &3

Self-Explanatory Message

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FBV_JOB029 - Details

• The SAP error message FBV_JOB029 indicates that there is no minimum price defined for a specific material in a given valuation area and valuation type. This error typically arises in the context of financial transactions, particularly when dealing with materials that have a valuation method based on moving average price or standard price.
  
  Cause:
  
  Missing Minimum Price: The primary cause of this error is that the minimum price for the specified material, valuation area, and valuation type has not been maintained in the system.
  Incorrect Material Master Data: The material master data may not have been set up correctly, or the relevant fields for minimum pricing may not have been filled out.
  Valuation Type Issues: The valuation type specified may not have a corresponding minimum price defined in the system.
  
  
  Solution:
  
  
  Maintain Minimum Price:
  
  Go to the material master record for the specified material.
  Navigate to the Accounting view.
  Check the fields related to minimum pricing and ensure that