How To Fix KM487 - No cost estimate could be found for representative material &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 487

• Message text: No cost estimate could be found for representative material &1

What causes this issue?

No suitable cost estimate could be found for representative material
&V1& in plant &V2& on costing date &V3& with costing variant &V4&.

System Response

The costs could not be determined because no valuated bill of materials
can be built.

How to fix this error?

Check the <DS:SIMG.SIMG_CFMENUORK18KET3>costing key</> and the
parameters in the <DS:CHAP.SIMG_CFMENUORK1Z061>planning layout</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM487 - No cost estimate could be found for representative material &1 ?

  The SAP error message KM487 ("No cost estimate could be found for representative material &1") typically occurs in the context of cost management and material valuation. This error indicates that the system is unable to find a cost estimate for the specified material, which is necessary for various processes such as pricing, inventory valuation, and financial reporting.
  Causes:
  
  Missing Cost Estimate: The most common cause is that a cost estimate has not been created for the specified material.
  Incorrect Material Master Data: The material may not be set up correctly in the material master, or it may not be assigned to the correct valuation area.
  Costing Variant Issues: The costing variant used may not be configured properly, or it may not be applicable to the material in question.
  Inactive Costing: The cost estimate may have been marked as inactive or deleted.
  Valuation Class Issues: The valuation class assigned to the material may not be linked to