How To Fix M8479 - Price too high (tolerance limit of & % exceeded)

SAP Error Message - Details

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 479

• Message text: Price too high (tolerance limit of & % exceeded)

What causes this issue?

The price (value of the credit memo divided by the quantity) varies too
greatly from the net order price.
INCLUDE MM_IV_MELDUNGEN OBJECT DOKU ID TX

System Response

The system has found that the value of the credit memo exceeds the
expected value (credit memo quantity x net order price) by more than
the tolerance for price variance set in Customizing (&V1& %).

How to fix this error?

Check your entries are correct and make any necessary changes. If you
post the document in spite of the variance, the system makes the
posting and the relevant account movements. The document is not
blocked. Copied from 083;

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 M8479 - Price too high (tolerance limit of & % exceeded) ?

  The SAP error message M8479, which states "Price too high (tolerance limit of & % exceeded)," typically occurs during the procurement process when the price of a material exceeds the predefined tolerance limit set in the system. This error is often encountered in the context of purchase orders, goods receipts, or invoice verification.
  Cause:
  
  Price Variance: The price of the item being procured is higher than the expected price defined in the purchase order or the material master.
  Tolerance Limit: The system has a tolerance limit set for price variances, which is exceeded by the current price.
  Configuration Settings: The tolerance limits may be configured in the system settings, and the current transaction exceeds these limits.
  
  Solution:
  
  Review Purchase Order: Check the purchase order to ensure that the price is correct and matches the agreed-upon price with the vendor.
  Adjust Tolerance Limits: If the price increase is justified, you may need to adjust the tolerance limits in the configuration settings. This can be done by:
  
  Navigating to the relevant configuration settings in SAP (usually found in the SPRO transaction under Materials Management).
  Adjusting the tolerance limits for price variances.
  
  
  Vendor Communication: If the price increase is due to a change from the vendor, communicate with them to understand the reason for the price change and negotiate if necessary.
  Manual Approval: If the price increase is acceptable, you may need to seek manual approval to proceed with the transaction despite the error.
  Update Material Master: If the material price needs to be updated in the material master, ensure that the new price is reflected correctly.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like ME21N (Create Purchase Order), ME22N (Change Purchase Order), or ME23N (Display Purchase Order) to review and modify purchase orders.
  Configuration Path: The tolerance limits can typically be found under:
  
  SPRO ? Materials Management ? Purchasing ? Purchase Order ? Set Tolerance Limits for Price Variances.
  
  
  Documentation: Refer to SAP Help documentation for detailed guidance on managing price variances and tolerance limits.
  
  By following these steps, you should be able to resolve the M8479 error and proceed with your procurement activities.