How To Fix FML_MATVAL_MANAGE004 - Entered price is too big

SAP Error Message - Details

• Message type: E = Error

• Message class: FML_MATVAL_MANAGE - Messages of App Manage Material Valuations

• Message number: 004

• Message text: Entered price is too big

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 FML_MATVAL_MANAGE004 - Entered price is too big ?

  The SAP error message FML_MATVAL_MANAGE004 ("Entered price is too big") typically occurs in the context of material valuation or when entering prices for materials in SAP. This error indicates that the price you are trying to enter exceeds the maximum allowable limit set in the system.
  Causes:
  
  Price Limit Exceeded: The price you are trying to enter for a material exceeds the maximum limit defined in the system settings.
  Configuration Settings: The maximum price limit may be configured in the material master or in the valuation settings.
  Currency Issues: If there are currency conversion issues or if the currency used has a different scale, it may lead to this error.
  Data Entry Error: There might be a simple data entry mistake, such as an extra digit or incorrect decimal placement.
  
  Solutions:
  
  
  Check Material Master Data:
  
  Go to the material master record and check the valuation data. Ensure that the price you are entering is within the acceptable range.
  You can access the material master using transaction code MM03.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings for material valuation in the SAP system. This can be done through transaction code SPRO and navigating to the relevant sections for material valuation.
  Look for any settings that define maximum price limits and adjust them if necessary.
  
  
  
  Adjust the Price:
  
  If the price is indeed too high, consider adjusting it to a value that is within the acceptable range.
  
  
  
  Currency Conversion:
  
  If the issue is related to currency, ensure that the currency conversion rates are correctly set up and that you are using the correct currency for the transaction.
  
  
  
  Consult with SAP Basis or Functional Team:
  
  If you are unable to resolve the issue, consult with your SAP Basis or functional team. They may need to check system settings or logs for further insights.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM01 (Create Material), MM02 (Change Material), and MM03 (Display Material) for managing material data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation or help files related to material valuation and pricing to understand the limits and configurations better.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.