How To Fix FCO_SFIN096 - No released cost estimate found for material &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FCO_SFIN - FI-CO Simplified Financials

• Message number: 096

• Message text: No released cost estimate found for material &2

What causes this issue?

Item &V1&: no released cost estimate was found for material &V2&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the cost estimate of material &V2& / plant &V3&.
If no released cost estimate is available for material &V2& / plant &V3&
for date &V4&, create a cost estimate and release it. The cost estimate
has to be released for date &V4&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FCO_SFIN096 - No released cost estimate found for material &2 ?

  The SAP error message FCO_SFIN096 ("No released cost estimate found for material &2") typically occurs in the context of financial accounting or controlling when a cost estimate for a material is required but not found in the system. This can happen in various scenarios, such as during the posting of a financial transaction, when trying to perform a valuation, or when executing a report that requires cost estimates.
  Causes:
  
  No Cost Estimate Created: The most common reason for this error is that a cost estimate has not been created or released for the specified material.
  Cost Estimate Not Released: A cost estimate may exist but has not been released, meaning it is not available for use in financial transactions.
  Material Master Data Issues: The material may not be properly set up in the material master, or it may not be assigned to the correct valuation area.
  Valuation Type Issues: If the material has multiple valuation types, the specific valuation type may not have a cost estimate.
  Period Closing: If the cost estimate is created in a different period, it may not be accessible if the period is closed.
  
  Solutions:
  
  
  Create/Release Cost Estimate:
  
  Navigate to the cost estimate transaction (e.g., CK11N for creating a cost estimate).
  Create a new cost estimate for the material if it does not exist.
  If a cost estimate exists but is not released, release it using the appropriate transaction (e.g., CK24).
  
  
  
  Check Material Master:
  
  Verify that the material is correctly set up in the material master (transaction MM03).
  Ensure that the material is assigned to the correct valuation area and that the valuation class is appropriate.
  
  
  
  Check Valuation Type:
  
  If the material has multiple valuation types, ensure that the cost estimate exists for the specific valuation type being used.
  
  
  
  Review Period Settings:
  
  Check if the period is closed for posting. If necessary, open the period or create a new cost estimate for the current period.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on cost estimates and material valuation.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  CK11N: Create Cost Estimate
  CK24: Release Cost Estimate
  MM03: Display Material Master
  
  
  Costing Variants: Ensure that the costing variant used is appropriate for the material and the costing process.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in controlling or material management.