How To Fix KQ334 - Costs are relevant to stock and are thus normally cost of goods mfd

SAP Error Message - Details

• Message type: E = Error

• Message class: KQ - Error Messages for Customizing Product Costing

• Message number: 334

• Message text: Costs are relevant to stock and are thus normally cost of goods mfd

What causes this issue?

You marked the costs that are assigned to this cost component as
relevant for stock valuation. This cost component then normally
contains the cost of goods manufactured.

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?

You should set the cost of goods manufactured switch, but you do not
have to.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KQ334 - Costs are relevant to stock and are thus normally cost of goods mfd ?

  The SAP error message KQ334 indicates that there is an issue with the cost accounting in relation to stock and the cost of goods manufactured (COGM). This error typically arises when there are discrepancies in how costs are being allocated or when certain conditions related to stock and costs are not met.
  Cause:
  
  Cost Allocation Issues: The error may occur if costs that should be allocated to stock are not properly assigned or if there are inconsistencies in the cost elements.
  Material Master Settings: The material master data may not be configured correctly, particularly in the accounting view where the stock and cost settings are defined.
  Costing Variant Configuration: The costing variant used for the material may not be set up correctly, leading to issues in how costs are calculated and reported.
  Production Order Issues: If there are problems with the production order, such as missing or incorrect data, it can lead to this error.
  Inventory Valuation: If the inventory valuation method is not set correctly, it can cause discrepancies in how costs are treated.
  
  Solution:
  
  Review Material Master Data: Check the material master data for the affected materials. Ensure that the accounting view is correctly set up, particularly the settings related to stock and cost of goods manufactured.
  Check Costing Variants: Verify that the costing variant used for the material is configured correctly. Ensure that all necessary parameters are set and that they align with your organization's costing policies.
  Examine Production Orders: Review the production orders associated with the materials. Ensure that all necessary data is complete and accurate, and that there are no missing components or costs.
  Adjust Cost Elements: If there are specific cost elements that are not being allocated correctly, adjust them to ensure they are included in the cost of goods manufactured.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message KQ334. This may provide additional insights or steps to resolve the issue.
  Engage with SAP Support: If the issue persists, consider reaching out to SAP support for assistance. They can provide more detailed troubleshooting based on your specific system configuration.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM02 (Change Material), CK11N (Create Material Cost Estimate), and CO02 (Change Production Order) to help in troubleshooting.
  Costing Reports: Utilize costing reports to analyze how costs are being allocated and to identify any discrepancies.
  Training and Documentation: Ensure that users involved in cost accounting and inventory management are trained on the relevant processes and have access to documentation that outlines best practices.
  
  By addressing the underlying causes and following the suggested solutions, you should be able to resolve the KQ334 error and ensure that costs are accurately reflected in your SAP system.