How To Fix K/846 - In period &1, no actual price currently determined for material &2

SAP Error Message - Details

• Message type: E = Error

• Message class: K/ -

• Message number: 846

• Message text: In period &1, no actual price currently determined for material &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message K/846 - In period &1, no actual price currently determined for material &2 ?

  The SAP error message K/846 indicates that there is no actual price determined for a specific material in a given period. This error typically arises in the context of controlling (CO) and material management (MM) when trying to post costs or perform a transaction that requires a valid price for the material.
  Cause:
  
  No Actual Price Set: The most common cause is that the material does not have an actual price set for the specified period. This can happen if the material is new, or if there have been no transactions that would establish a price.
  Price Change: If there was a price change or if the material was recently created, the system may not have updated the actual price for the current period.
  Period Closing: If the period is closed in the controlling module, it may prevent the system from determining the actual price.
  Missing Master Data: The material master data may not be complete or correctly maintained, leading to the absence of a price.
  Valuation Class Issues: The valuation class assigned to the material may not be set up correctly, affecting price determination.
  
  Solution:
  
  Check Material Master: Verify the material master data for the material in question. Ensure that the valuation type and price control indicators (e.g., moving average price or standard price) are correctly set.
  Update Actual Price: If the material is new or has not had any transactions, you may need to perform a goods movement or a price change to establish an actual price.
  Review Period Settings: Check if the period is open for posting in the controlling module. If it is closed, you may need to reopen it or wait until the next period.
  Run Price Determination: If applicable, run the price determination process to update the actual prices for materials.
  Consult with Finance Team: If you are unsure about the pricing or valuation settings, consult with your finance or controlling team to ensure that everything is set up correctly.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like MM03 (Display Material), CKM3N (Material Price Analysis), or CK11N (Create Material Cost Estimate) to investigate further.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation on material valuation and price determination processes for a deeper understanding of how prices are calculated and maintained.
  
  By following these steps, you should be able to identify the root cause of the K/846 error and implement the necessary solutions to resolve it.