How To Fix K3024 - Cost estimate for material & does not exist

K3024 - Overview

• Message type: E = Error

• Message class: K3 - Material Cost Estimate

• Message number: 024

• Message text: Cost estimate for material & does not exist

What causes this issue?

You have not yet created a cost estimate for material &V1&.

How to fix this error?

Create a cost estimate for material &V1& and select the function again.

Error message extract from SAP system. Copyright SAP SE.

K3024 - Details

• The SAP error message K3024 ("Cost estimate for material & does not exist") typically occurs when you are trying to access or process a cost estimate for a material that has not been created or is not available in the system. This can happen in various scenarios, such as during the creation of a production order, when running a cost report, or when trying to analyze costs.
  Causes:
  
  No Cost Estimate Created: The most common reason for this error is that a cost estimate for the specified material has not been created in the system.
  Costing Variant Issues: The costing variant used may not be set up correctly or may not be applicable for the material.
  Material Master Data: The material may not be properly set up in the material master, or it may not be assigned to the correct valuation area.
  Valuation Class: The valuation class of the material may not be linked to