How To Fix M7347 - Enter valuation type

M7347 - Overview

• Message type: E = Error

• Message class: M7 - Inventory Management and Physical Inventory

• Message number: 347

• Message text: Enter valuation type

What causes this issue?

The material is subject to
<DS:GLOS.3526C0D2AFAB52B9E10000009B38F974>split valuation</>, but you
have not chosen a <DS:GLOS.3526C0D3AFAB52B9E10000009B38F974>valuation
type</>.

System Response

The system can only post the document if you have assigned the quantity
to a valuation type.

How to fix this error?

Enter a valuation type.
If you do not know the valuation type, use the
<DS:GLOS.3526B36DAFAB52B9E10000009B38F974>possible entries</> function
to view a list of the existing valuation types for the material.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M7347 - Enter valuation type ?

  The SAP error message M7347, which states "Enter valuation type," typically occurs in the context of inventory management and material valuation. This error indicates that the system requires a valuation type to be specified for a material, but it has not been provided.
  
  Cause:
  
  Missing Valuation Type: The most common cause of this error is that the valuation type is not specified in the transaction you are trying to execute. Valuation types are used in SAP to differentiate between different stock types (e.g., unrestricted stock, quality inspection stock, blocked stock) for a material.
  
  Configuration Issues: There may be issues with the configuration of the material master or the valuation area settings in the system.
  Material Master Data: The material master record may not be properly set up to include valuation types, especially if the material is managed in multiple valuation areas.
  
  
  Solution:
  
  Enter Valuation Type: When prompted with the error, ensure that you enter a valid