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

SAP Error Message - Details

• 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 ? Product Cost Controlling ? Costing ? Costing Variants ? Define Costing Variants.
  
  
  Identify the costing procedure that is causing the error.
  
  
  
  Maintain Long Period:
  
  Within the costing procedure settings, look for the option to define the long period. Ensure that the long period is properly maintained.
  You may need to specify the start and end dates for the long period, as well as any relevant parameters that are required for your specific costing scenario.
  
  
  
  Check Configuration:
  
  Ensure that all related configuration settings are correctly set up. This includes checking the valuation area and any other dependencies that might affect the costing procedure.
  
  
  
  Test the Changes:
  
  After making the necessary changes, perform a test run to ensure that the error no longer occurs. This can be done by executing the costing run or valuation process again.
  
  
  
  Consult Documentation:
  
  If you are unsure about the specific settings or how to configure the long period, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CK11N (Create Cost Estimate) and CK40N (Costing Run) to test and validate your changes.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or updates that could be relevant to your version of SAP.
  User Roles: Ensure that you have the necessary authorizations to make changes to the costing procedure settings.
  
  By following these steps, you should be able to resolve the IR718 error and ensure that your costing procedures are correctly configured for long-term planning and valuation.