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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message J5062 - Object &1: Valuation rule &2 does not exist; check your entry ?

  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 error message exists in the system. You can do this by navigating to the relevant configuration area in SAP (usually under the IMG settings for Material Management or Financial Accounting).
  
  Use transaction code OBY6 or OMR1 to check the valuation rules.
  
  
  
  Correct the Entry: If the valuation rule does not exist, you may need to create it or correct the entry in the transaction that triggered the error.
  
  If you find a typo, correct it and try again.
  
  
  
  Configuration Review: If the valuation rule is supposed to exist, review the configuration settings to ensure that it is properly set up. This may involve checking the settings in the relevant modules (e.g., MM, CO).
  
  
  User Authorizations: Ensure that the user has the necessary authorizations to access the valuation rules. If not, contact your SAP security administrator to grant the required permissions.
  
  
  Consult Documentation: If you are unsure about the valuation rules and their configuration, refer to SAP documentation or consult with a functional consultant who specializes in the relevant area.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OBY6: Configuration for valuation areas.
  OMR1: Configuration for valuation rules.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for the error message number or related keywords in the SAP Support Portal.
  
  
  Community Forums: Consider visiting SAP community forums or discussion boards where similar issues may have been discussed. This can provide insights from other users who have faced the same error.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.