FINS_ML_START002 - Material Ledger type & does not exist. Check transaction OMX2

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_START - Messages for package FINS_ML_START

• Message number: 002

• Message text: Material Ledger type & does not exist. Check transaction OMX2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_START002 - Material Ledger type & does not exist. Check transaction OMX2 ?

  The SAP error message FINS_ML_START002 indicates that the specified Material Ledger type does not exist in the system. This error typically arises when you are trying to perform a transaction that requires a specific Material Ledger type, but the system cannot find it.
  Cause:
  
  Material Ledger Type Not Defined: The Material Ledger type you are trying to use has not been defined in the system.
  Incorrect Configuration: The configuration for the Material Ledger may not be set up correctly, or the specific type may have been deleted or not activated.
  Transaction Code Issue: The transaction you are trying to execute may not be compatible with the Material Ledger type you are using.
  
  Solution:
  
  
  Check Configuration:
  
  Go to transaction code OMX2 in SAP.
  Verify if the Material Ledger type you are trying to use is listed and correctly configured.
  If it is not present, you may need to create it or activate it.
  
  
  
  Create/Activate Material Ledger Type:
  
  If the Material Ledger type does not exist, you can create it by following the necessary steps in the configuration.
  Ensure that the settings for the Material Ledger type are correct, including the currency and valuation settings.
  
  
  
  Check for Deletion:
  
  If the Material Ledger type was previously defined but is now missing, check if it was accidentally deleted or if there were any changes made to the configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Material Ledger configuration to ensure that all necessary steps have been followed.
  
  
  
  User Authorization:
  
  Ensure that you have the necessary authorizations to access and modify Material Ledger settings.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Material Ledger: A component in SAP that allows for the management of inventory valuation and provides detailed information about material movements and costs.
  Transaction Codes: Familiarize yourself with other related transaction codes such as OMX1 (for defining Material Ledger types) and OMX3 (for displaying Material Ledger types).
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on configuring the Material Ledger.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.