How To Fix KM234 - No valuation class could be found for material &.

SAP Error Message - Details

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 234

• Message text: No valuation class could be found for material &.

What causes this issue?

The system could not find a valuation class for the material &V1& in
valuation area &V2& with valuation type &V3&.

System Response

You cannot post the record.

How to fix this error?

Enter a valuation class in the material master record.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM234 - No valuation class could be found for material &. ?

  The SAP error message KM234 ("No valuation class could be found for material &.") typically occurs when the system is unable to find a valuation class for a material during a transaction that requires it, such as during the posting of a goods movement or when creating a material master record. The valuation class is essential for determining how the material is valued in financial accounting and controlling.
  Cause:
  
  Missing Valuation Class: The material master record does not have a valuation class assigned.
  Incorrect Material Type: The material type may not be configured correctly to allow for a valuation class.
  Configuration Issues: The valuation class may not be defined in the system for the specific material type or may not be linked correctly to the account determination settings.
  Material Master Data Issues: The material master data may be incomplete or incorrectly maintained.
  
  Solution:
  
  
  Check Material Master Record:
  
  Go to transaction MM03 (Display Material) and enter the material number.
  Check the Accounting view to see if the valuation class is assigned. If it is missing, you will need to update the material master.
  
  
  
  Update Valuation Class:
  
  If the valuation class is missing, you can update it using transaction MM02 (Change Material).
  Navigate to the Accounting view and enter the appropriate valuation class.
  
  
  
  Check Material Type Configuration:
  
  Use transaction OMWB to check the configuration of the material type.
  Ensure that the valuation class is correctly assigned to the material type in the account determination settings.
  
  
  
  Review Account Determination:
  
  Check the account determination settings in transaction OBYC to ensure that the valuation class is linked to the correct G/L accounts.
  
  
  
  Consult with SAP Basis or Functional Consultant:
  
  If you are unsure about the correct valuation class or how to configure it, consult with your SAP functional consultant or Basis team for assistance.
  
  
  
  Related Information:
  
  Valuation Class: This is a key field in the material master that determines how the material is valued in financial accounting. It is linked to specific G/L accounts for inventory and cost of goods sold.
  Material Types: Different material types (e.g., raw materials, finished goods) have different configurations and may require specific valuation classes.
  Account Determination: This is the process of linking valuation classes to G/L accounts, which is crucial for accurate financial reporting.
  
  By following these steps, you should be able to resolve the KM234 error and ensure that the valuation class is correctly assigned to the material in question.