How To Fix LOBM_MESSAGES069 - Valuation Type not found

SAP Error Message - Details

• Message type: E = Error

• Message class: LOBM_MESSAGES - Message class for LOBM services

• Message number: 069

• Message text: Valuation Type not found

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message LOBM_MESSAGES069 - Valuation Type not found ?

  The SAP error message LOBM_MESSAGES069 ("Valuation Type not found") typically occurs in the context of inventory management or material valuation in SAP. This error indicates that the system is unable to find a specific valuation type that is required for processing a transaction related to materials.
  Cause:
  
  Missing Valuation Type: The valuation type specified in the transaction does not exist in the system. This could be due to incorrect configuration or data entry.
  Incorrect Material Master Data: The material master record may not have the correct valuation type assigned or may be incomplete.
  Configuration Issues: The valuation type may not be defined in the configuration settings for the relevant valuation area or plant.
  Data Migration Issues: If data was migrated from another system, the valuation types may not have been properly transferred or set up.
  
  Solution:
  
  
  Check Valuation Type Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Logistics > Materials Management > Valuation and Account Assignment > Valuation > Define Valuation Types.
  Ensure that the required valuation type is defined for the relevant material and plant.
  
  
  
  Review Material Master Data:
  
  Use Transaction Code: MM03 to display the material master record.
  Check the Accounting View and ensure that the valuation type is correctly assigned.
  If necessary, update the material master with the correct valuation type.
  
  
  
  Validate Valuation Area:
  
  Ensure that the valuation type is assigned to the correct valuation area (plant).
  Check if the valuation type is active and properly configured for the specific plant.
  
  
  
  Check for Data Migration Issues:
  
  If the error occurred after a data migration, verify that all necessary valuation types were included in the migration process.
  Revisit the migration scripts or tools used to ensure completeness.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional context on valuation types and their configuration.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  MM03 (Display Material)
  SPRO (Customizing)
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that the user has the necessary authorizations to view and modify material master data and configuration settings.
  
  By following these steps, you should be able to identify and resolve the issue related to the "Valuation Type not found" error in SAP.