How To Fix FINS_CO_VALUATION005 - No cost rate could be determined for object &

FINS_CO_VALUATION005 - Overview

• Message type: E = Error

• Message class: FINS_CO_VALUATION - Management Accounting - Valuation

• Message number: 005

• Message text: No cost rate could be determined for object &

What causes this issue?

No price could be found for object &V1& with price indicator / value
type is &V2&.
The price determination used the following parameters:
Search date/Company code/receiving company/WBS element/work item
&V3&
Personnel number/service cost level/activity type/costcenter
&V4&

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?

Maintain the price manually.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_CO_VALUATION005 - Details

• The SAP error message FINS_CO_VALUATION005 indicates that the system could not determine a cost rate for a specified object. This error typically arises during processes such as cost center accounting, internal orders, or product costing when the system attempts to calculate costs but lacks the necessary data.
  Causes:
  
  Missing Cost Rate: The cost rate for the specified object (e.g., cost center, internal order) is not maintained in the system.
  Incorrect Configuration: The configuration settings for cost rate determination may not be set up correctly.
  Object Not Active: The object for which the cost rate is being determined may not be active or may have been deactivated.
  Period Closing: If the period is closed, the system may not be able to access the necessary data to determine the cost rate.
  Master Data Issues: There may be issues with the master data related to the cost object, such as missing or incorrect entries.
  
  Solutions:
  
  Maintain Cost Rates: Ensure that the