How To Fix /FMP/MP008 - Price type as valuation alternative must be defined periodically

/FMP/MP008 - Overview

• Message type: E = Error

• Message class: /FMP/MP -

• Message number: 008

• Message text: Price type as valuation alternative must be defined periodically

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /FMP/MP008 - Price type as valuation alternative must be defined periodically ?

  The SAP error message /FMP/MP008 Price type as valuation alternative must be defined periodically typically occurs in the context of Material Management (MM) or Financial Accounting (FI) when there is an issue with the configuration of price types in relation to valuation alternatives. This error indicates that the system expects a periodic definition for the specified price type, but it has not been set up correctly.
  
  Cause:
  
  Missing Configuration: The price type for the valuation alternative has not been defined in the system for the required period.
  Incorrect Settings: The settings for the price type or valuation alternative may be incorrect or incomplete.
  Periodicity Requirement: The system requires that certain price types be defined for specific periods (e.g., monthly, quarterly) and this has not been done.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the price type and valuation alternatives in the SAP system.
  Navigate to the relevant configuration