How To Fix FINS_ML_UTIL003 - ML must be set productive manually for first val. area & in comp. code &

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_UTIL - Message Class for FINS_ML_UTIL package

• Message number: 003

• Message text: ML must be set productive manually for first val. area & in comp. code &

For first valuation area in a company code, Material Ledger needs to be
activated manually via transactions OMX2, OMX3 and OMX1.
Afterwards, it needs to be set productive via transaction CKMSTART.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_UTIL003 - ML must be set productive manually for first val. area & in comp. code & ?

  The SAP error message FINS_ML_UTIL003 indicates that the Multi-Level (ML) functionality must be set to productive manually for the first valuation area in the specified company code. This error typically arises in the context of Material Ledger (ML) configuration in SAP, particularly when you are trying to activate or use the Material Ledger for a company code or valuation area that has not been properly configured.
  Cause:
  
  Material Ledger Not Activated: The Material Ledger has not been activated for the specified company code and valuation area.
  Manual Setting Required: The system requires a manual setting to mark the Material Ledger as productive for the first valuation area.
  Configuration Issues: There may be issues in the configuration settings related to the Material Ledger or the valuation area.
  
  Solution:
  To resolve this error, follow these steps:
  
  
  Check Material Ledger Activation:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > Financial Accounting Global Settings > Material Ledger > Activate Material Ledger).
  Ensure that the Material Ledger is activated for the relevant company code and valuation area.
  
  
  
  Set Material Ledger to Productive:
  
  Use transaction code OMX1 (or navigate to SPRO > Financial Accounting > Financial Accounting Global Settings > Material Ledger > Activate Material Ledger).
  Select the relevant company code and valuation area.
  Manually set the Material Ledger to productive for the first valuation area.
  
  
  
  Check Configuration:
  
  Ensure that all necessary configuration settings for the Material Ledger are correctly set up.
  Review the settings in the following areas:
  
  Valuation areas
  Currency settings
  Price determination settings
  
  
  
  
  
  Test the Configuration:
  
  After making the changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about the settings, refer to the SAP documentation or consult with your SAP Basis or FI/CO consultant for guidance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBY6: Activate Material Ledger
  OMX1: Set Material Ledger to Productive
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error message.
  Material Ledger Documentation: Review the official SAP documentation on Material Ledger for detailed configuration steps and best practices.
  
  By following these steps, you should be able to resolve the FINS_ML_UTIL003 error and successfully configure the Material Ledger for your company code and valuation area.