How To Fix M3067 - Maintenance of LIFO data valid for the entire company code

M3067 - Overview

• Message type: E = Error

• Message class: M3 - Material Master

• Message number: 067

• Message text: Maintenance of LIFO data valid for the entire company code

What causes this issue?

You have stored LIFO data for the material in the master record.
This data is valid for the entire company code and not just for the
individual plant, although valuation is at plant level in your system.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M3067 - Maintenance of LIFO data valid for the entire company code ?

  The SAP error message M3067, which states "Maintenance of LIFO data valid for the entire company code," typically occurs in the context of inventory management and accounting when dealing with LIFO (Last In, First Out) inventory valuation methods. This error indicates that there is an issue with the configuration or maintenance of LIFO data that is supposed to be consistent across the entire company code.
  
  Cause:
  
  LIFO Configuration: The LIFO method requires that certain data be maintained consistently across the entire company code. If there are discrepancies or if the LIFO data is not set up correctly, this error can occur.
  Data Inconsistency: If there are attempts to maintain LIFO data for specific plants or storage locations that conflict with the company code-wide settings, this error may arise.
  Missing Authorizations: Sometimes, the user may not have the necessary authorizations to maintain LIFO data, leading to this error.
  
  
  Solution:
  
  Check LIFO Configuration: Ensure that the LIFO settings