How To Fix J5062 - Object &1: Valuation rule &2 does not exist; check your entry

J5062 - Overview

• Message type: E = Error

• Message class: J5 - External Data Transfer

• Message number: 062

• Message text: Object &1: Valuation rule &2 does not exist; check your entry

What causes this issue?

The valuation rule specified for this financial object does not exist.

System Response

The financial object is not processed.

How to fix this error?

Enter a valuation rule that exists.

Error message extract from SAP system. Copyright SAP SE.

J5062 - Details

• The SAP error message J5062 indicates that there is an issue with the valuation rule specified for a particular object in the system. This error typically arises in the context of materials management or inventory valuation processes. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Non-Existent Valuation Rule: The valuation rule specified in the transaction does not exist in the system. This could be due to a typo, or the rule may not have been created or activated.
  
  Configuration Issues: The valuation rules may not be properly configured in the system, leading to the inability to find the specified rule.
  Incorrect Object Reference: The object (e.g., material, cost center) referenced in the error message may not be correctly linked to the valuation rule.
  Missing Authorizations: Sometimes, the user may not have the necessary authorizations to view or use the valuation rule.
  
  
  Solution:
  
  
  Check Valuation Rule: Verify that the valuation rule specified in the