How To Fix FINS_ML_UI015 - Valuation Area &1 skipped, because Price Determination Is Binding

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_UI - Material Ledger: UI related error messages

• Message number: 015

• Message text: Valuation Area &1 skipped, because Price Determination Is Binding

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_UI015 - Valuation Area &1 skipped, because Price Determination Is Binding ?

  The SAP error message FINS_ML_UI015 indicates that a valuation area is being skipped during a process because the price determination is set to "binding." This typically occurs in the context of Material Ledger (ML) and can affect processes such as inventory valuation, material movements, or financial postings.
  Cause:
  The error arises when the system encounters a valuation area where the price determination method is set to "binding." In this context, "binding" means that the system is required to use a specific price for valuation, and it cannot proceed with the valuation for that area without adhering to this constraint. This can happen due to:
  
  Configuration Settings: The valuation area may be configured to use a specific price determination method that is not compatible with the current transaction.
  Material Master Settings: The material master record for the relevant materials may have settings that enforce binding price determination.
  Transaction Context: The transaction being executed may not meet the criteria for processing in a binding price determination scenario.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for Material Ledger and check the price determination settings for the relevant valuation area.
  Ensure that the settings align with your business requirements and that they are correctly configured.
  
  
  
  Review Material Master Data:
  
  Check the material master records for the materials involved. Look for the price control indicator (e.g., moving average price, standard price) and ensure it is set correctly.
  If necessary, adjust the price control settings to allow for the desired price determination method.
  
  
  
  Analyze Transaction Context:
  
  Review the transaction that triggered the error. Ensure that it is appropriate for the valuation area and that all necessary prerequisites are met.
  If the transaction is not compatible with binding price determination, consider using a different approach or transaction type.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for further insights into the specific error message and its implications.
  Check for any notes or updates from SAP that may address this issue.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error no longer occurs and that the valuation area processes correctly.
  
  
  
  Related Information:
  
  Material Ledger: Understand the role of Material Ledger in SAP, especially regarding inventory valuation and price determination.
  Price Control: Familiarize yourself with the different price control methods available in SAP (e.g., standard price vs. moving average price).
  SAP Notes: Search for relevant SAP Notes that may provide additional guidance or solutions for this specific error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.