How To Fix KM466 - Parameter &1 is needed to calculate the transfer price

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 466

• Message text: Parameter &1 is needed to calculate the transfer price

What causes this issue?

&V1& is required for the calculation.

System Response

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

How to fix this error?

Enter the necessary values in the layout.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM466 - Parameter &1 is needed to calculate the transfer price ?

  The SAP error message KM466 indicates that a required parameter for calculating the transfer price is missing. This error typically occurs in the context of Profitability Analysis (CO-PA) or when dealing with internal pricing in the Controlling (CO) module.
  
  Cause:
  The error arises when the system attempts to calculate a transfer price but cannot find a necessary parameter. This could be due to:
  
  Missing Configuration: The transfer pricing configuration may not be set up correctly in the system.
  Missing Master Data: Required master data (like cost centers, profit centers, or material master data) may not be maintained.
  Incomplete Transaction Data: The transaction data being processed may lack necessary information or parameters.
  Incorrect Settings: The settings for the transfer pricing procedure may not be correctly defined in the system.
  
  
  Solution:
  To resolve the KM466 error, you can take the following steps:
  
  
  Check Configuration:
  
  Ensure that the transfer pricing configuration is correctly set up in the system. This includes checking the settings