How To Fix M3131 - With price control V, enter a moving average price

SAP Error Message - Details

• Message type: E = Error

• Message class: M3 - Material Master

• Message number: 131

• Message text: With price control V, enter a moving average price

What causes this issue?

Price control indicator "V" is set, but no moving average
price/periodic unit price entered.

System Response

Though it is necessary to enter a moving average price/periodic unit
price for the system to valuate the stock of the material correctly
when goods movements are made, it is not mandatory to do so at the
moment. The system updates the price here automatically at the time of
the first goods movement at the latest.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M3131 - With price control V, enter a moving average price ?

  The SAP error message M3131, which states "With price control V, enter a moving average price," typically occurs in the context of inventory management and material master data in SAP. This error is related to the price control indicator set for a material, specifically when it is set to "V" (moving average price).
  
  Cause:
  The error arises when you attempt to perform a transaction (such as goods receipt, invoice verification, or material posting) that requires a moving average price to be entered, but the system does not find a valid moving average price for the material. This can happen due to several reasons:
  
  Missing Moving Average Price: The material master record does not have a moving average price defined.
  Incorrect Material Master Data: The material may not be set up correctly in the material master, particularly in the accounting view.
  Transaction Type: The transaction you are trying to perform requires a moving average price, but