How To Fix KE350 - Valuation with material cost estimate: error with product "&1"

SAP Error Message - Details

• Message type: E = Error

• Message class: KE -

• Message number: 350

• Message text: Valuation with material cost estimate: error with product "&1"

What causes this issue?

In Profitability Analysis (CO-PA), the system tried to valuate a line
item using the <ZH>current standard cost estimate</>.
In order to determine the <ZH>current plan period</>, the system needs
to read the valuation segment of the material master.
The system has found that the current plan period is not filled for
product <ZH>"&V1&"</> in plant <ZH>"&V2&"</>.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

<DS:TRAN.MM03>Display material (View: Costing)</>
The system looked for the material cost estimate using costing key
<ZH>"&V3&"</>, as defined in the
<DS:SIMG.SIMG_CFMENUORKEKE40>Customizing settings</> for CO-PA.

System Response

The document cannot be processed.

How to fix this error?

Contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KE350 - Valuation with material cost estimate: error with product "&1" ?

  The SAP error message KE350 typically indicates an issue with the valuation of a product in the context of a material cost estimate. This error can arise in various scenarios, particularly when dealing with product costing and material valuation in SAP Controlling (CO) and Material Management (MM) modules.
  Cause of Error KE350
  
  
  Missing or Incomplete Cost Estimate: The material cost estimate for the product may not be available or may not have been properly created or released.
  
  
  Incorrect Configuration: There may be configuration issues in the costing variant or valuation variant that prevent the system from processing the cost estimate correctly.
  
  
  Material Master Data Issues: The material master data for the product may be incomplete or incorrect, particularly in the costing view.
  
  
  Missing Valuation Data: The necessary valuation data for the product may be missing, such as standard prices or moving average prices.
  
  
  Product Not Active: The product may not be active in the system or may not be assigned to the correct controlling area.
  
  
  Solutions to Error KE350
  
  
  Check Cost Estimate: Verify that a valid cost estimate exists for the product. You can do this by navigating to the cost estimate in the relevant transaction (e.g., CK11N for creating a cost estimate).
  
  
  Review Configuration: Ensure that the costing variant and valuation variant are correctly configured. Check the settings in the controlling area and ensure they align with the requirements for the product.
  
  
  Validate Material Master Data: Go to the material master data (transaction MM03) and check the costing view. Ensure that all necessary fields are filled out correctly, including the valuation class and price control indicators.
  
  
  Check Valuation Data: Ensure that the valuation data for the product is complete. This includes checking for standard prices or moving average prices in the material master.
  
  
  Activate Product: If the product is not active, ensure that it is activated in the system and assigned to the correct controlling area.
  
  
  Recreate Cost Estimate: If necessary, recreate the cost estimate for the product to ensure that it is up to date and reflects the current data.
  
  
  Related Information
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CK11N (Create Cost Estimate), CK40N (Change Cost Estimate), and MM03 (Display Material Master).
  
  
  SAP Notes: Check for any SAP Notes related to error KE350 for specific patches or updates that may address known issues.
  
  
  Documentation: Review SAP documentation on product costing and material valuation for best practices and troubleshooting steps.
  
  
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  By following these steps, you should be able to identify and resolve the underlying cause of the KE350 error message in SAP.