How To Fix IR718 - No long period maintained for costing procedure &1

IR718 - Overview

• Message type: E = Error

• Message class: IR - PM: IMRC - Measurement Readings and Counters

• Message number: 718

• Message text: No long period maintained for costing procedure &1

What causes this issue?

No long time period is maintained in Customizing for the costing
procedures used.

System Response

The system cannot calculate fleet object consumption values for long
periods.

How to fix this error?

Add the missing data in Customizing.

Procedure for System Administrators

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 IR718 - No long period maintained for costing procedure &1 ?

  The SAP error message IR718 "No long period maintained for costing procedure &1" typically occurs in the context of product costing and is related to the configuration of the costing procedure in the system. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Costing Procedure Configuration: The error indicates that the costing procedure specified (denoted by &1) does not have a long period defined. In SAP, a long period is necessary for certain types of cost calculations, especially when dealing with long-term planning or specific valuation methods.
  Missing Settings: The long period settings might not have been maintained in the configuration for the costing procedure, which can lead to this error when trying to execute a costing run or valuation.
  
  
  Solution:
  To resolve the IR718 error, you can follow these steps:
  
  
  Check Costing Procedure:
  
  Go to the configuration settings for the costing procedure in SAP. This can typically be found under:
  SPRO ? Controlling ?