How To Fix FR732 - Valuation area &1: valuation method &2 does not exist

FR732 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 732

• Message text: Valuation area &1: valuation method &2 does not exist

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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FR732 - Details

• The SAP error message FR732 indicates that there is an issue with the valuation method defined for a specific valuation area in the system. This error typically arises in the context of inventory valuation or material valuation in SAP, particularly when dealing with materials that require a specific valuation method.
  
  Cause:
  
  Missing Valuation Method: The specified valuation method (e.g., standard price, moving average price) does not exist in the system for the given valuation area.
  Incorrect Configuration: The valuation method may not have been properly configured in the system, or it may have been deleted or deactivated.
  Data Entry Error: There may be a typographical error in the configuration or data entry that leads to the system not recognizing the valuation method.
  
  
  Solution:
  
  
  Check Valuation Method Configuration:
  
  Go to the transaction code OMWB (for configuring valuation methods).
  Verify that the valuation method specified in the error message exists for the valuation area indicated.
  If it does not exist, you