How To Fix M7306 - Price change of & % in month &/& for material &

SAP Error Message - Details

• Message type: E = Error

• Message class: M7 - Inventory Management and Physical Inventory

• Message number: 306

• Message text: Price change of & % in month &/& for material &

What causes this issue?

Due to action taken the quantity and value of the material &V4& are
changed. This leads to calculation of a new moving average price: The
new price deviates from the old one by &V1&.

How to fix this error?

Before you carry out the posting, you should determine the reason for
this difference.
You could check the material line items to find out which postings have
led to the current moving average price. If the action taken refers to a
purchase order, you could contact Purchasing to find out whether a
mistake was made when entering the order price.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M7306 - Price change of & % in month &/& for material & ?

  The SAP error message M7306 indicates that there is a price change for a material that is not allowed or is outside the expected parameters for a specific month. This error typically arises in the context of material management and inventory valuation, particularly when dealing with price changes in the material master or during the posting of goods movements.
  Cause:
  
  Price Change Restrictions: The system may have restrictions on how frequently prices can be changed or may not allow price changes for certain periods (e.g., closed accounting periods).
  Incorrect Configuration: The configuration settings in the material master or the controlling area may not allow for the price change to be processed.
  Open Periods: The accounting period may be closed, preventing any changes to prices for that period.
  Price Control Settings: The material may be set up with a specific price control (e.g., moving average price or standard price) that does not allow for the change being attempted.
  
  Solution:
  
  Check Material Master: Review the material master data for the affected material to ensure that the price control settings are appropriate and that there are no restrictions on price changes.
  Open Accounting Period: Ensure that the accounting period for the month in question is open. If it is closed, you may need to reopen it or wait until the next open period.
  Review Price Change Policy: Check the company’s policy on price changes and ensure that the change you are trying to make complies with these policies.
  Consult with Finance: If the price change is necessary, consult with the finance department to understand the implications and to see if they can assist in making the change.
  Transaction Codes: Use transaction codes like MM02 (Change Material) to modify the material master or MR21 (Change Material Price) to adjust the price if allowed.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation on material management and pricing procedures for further insights.
  User Roles: Ensure that the user attempting to make the price change has the necessary authorizations to do so.
  Training: Consider training for users involved in material management to better understand the implications of price changes and the associated processes.
  
  If the issue persists after checking these areas, it may be beneficial to engage with SAP support or a consultant who specializes in SAP MM (Material Management) for further assistance.