How To Fix FINS_ML_MIG062 - Actual Costing is active for valuation area &

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_MIG - Messages for S/4HANA Material Ledger Migration

• Message number: 062

• Message text: Actual Costing is active for valuation area &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_MIG062 - Actual Costing is active for valuation area & ?

  The SAP error message FINS_ML_MIG062 indicates that "Actual Costing is active for valuation area &". This error typically arises during the migration or configuration of the Material Ledger in SAP, particularly when you are trying to perform activities that are not compatible with the current settings of the Material Ledger.
  Cause:
  
  Active Actual Costing: The error occurs because the Actual Costing functionality is enabled for the specified valuation area. This means that the system expects certain configurations and processes to be in place that are not currently satisfied.
  Incompatible Settings: The settings for the Material Ledger or the valuation area may not be aligned with the requirements for Actual Costing, leading to this error during transactions or migrations.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the Material Ledger (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Material Ledger > Activate Material Ledger.
  Ensure that the settings for the valuation area are correctly configured for Actual Costing.
  
  
  
  Deactivate Actual Costing (if not needed):
  
  If Actual Costing is not required for your business processes, you can deactivate it for the valuation area. This can be done in the same configuration path mentioned above.
  Note that deactivating Actual Costing may have implications on your financial reporting and inventory valuation.
  
  
  
  Review Migration Steps:
  
  If you are in the process of migrating data or settings, ensure that all prerequisites for Actual Costing are met. This includes checking that all necessary data has been migrated correctly and that the system is in a state that supports Actual Costing.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to Material Ledger and Actual Costing for any specific requirements or additional steps that may be necessary.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the configuration and migration steps, consider reaching out to SAP Support for further assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  
  
  Related Information:
  
  Material Ledger: A component in SAP that allows for multiple valuations of inventory and supports Actual Costing.
  Actual Costing: A method of inventory valuation that reflects the actual costs incurred during production and procurement.
  Valuation Area: A unit in SAP that defines how materials are valued, typically at the plant level.
  
  By following these steps, you should be able to address the FINS_ML_MIG062 error and ensure that your Material Ledger and Actual Costing configurations are correctly set up.