How To Fix FWTR079 - Market price of old stock was updated

SAP Error Message - Details

• Message type: E = Error

• Message class: FWTR - Securities Transaction Management

• Message number: 079

• Message text: Market price of old stock was updated

Self-Explanatory Message

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• What is the cause and solution for SAP error message FWTR079 - Market price of old stock was updated ?

  The SAP error message FWTR079, which states "Market price of old stock was updated," typically occurs in the context of inventory management and valuation in SAP. This message indicates that the market price for old stock has been updated, which can affect the valuation of inventory and financial reporting.
  Cause:
  
  Market Price Changes: The market price of inventory items may have been updated due to changes in market conditions, pricing strategies, or adjustments made by the inventory management team.
  Inventory Valuation Methods: The error may arise when the system recalculates the market price based on the valuation method configured in the system (e.g., moving average, FIFO, LIFO).
  Data Entry Errors: Incorrect data entry or configuration in the material master or pricing conditions can lead to this message being triggered.
  
  Solution:
  
  Review Market Price Updates: Check the recent changes made to the market prices of the affected materials. Ensure that the updates are valid and reflect the current market conditions.
  Check Material Master Data: Verify the material master data for the affected stock items. Ensure that the valuation class, price control indicators (e.g., moving average price or standard price), and other relevant fields are correctly configured.
  Re-evaluate Inventory Valuation: If necessary, re-evaluate the inventory valuation to ensure that it aligns with the updated market prices. This may involve running inventory valuation reports or adjusting the valuation method.
  Consult with Finance/Inventory Teams: Collaborate with the finance or inventory management teams to understand the implications of the market price updates and to ensure that all stakeholders are informed of the changes.
  System Configuration: If the issue persists, review the system configuration related to inventory valuation and pricing. It may be necessary to consult with an SAP functional consultant to ensure that the system is set up correctly.
  
  Related Information:
  
  Transaction Codes: You may want to use transaction codes like MM03 (Display Material), MM02 (Change Material), or MB52 (List Warehouse Stocks on Hand) to investigate the material details and stock levels.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional insights or solutions.
  Documentation: Refer to SAP documentation on inventory management and valuation methods for a deeper understanding of how market prices affect stock valuation.
  
  If the issue continues to be problematic, consider reaching out to SAP support or your internal SAP team for further assistance.