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

KQ334 - Overview

• 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.

KQ334 - Details

• 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