M8771 - The value exceeds the target value &2 &3 in contract &1

SAP Error Message - Details

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 771

• Message text: The value exceeds the target value &2 &3 in contract &1

What causes this issue?

You are entering an invoice for contract &V1&. The value you entered
leads to the target value of &V2& &V3& being exceeded.

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

INCLUDE MM_IV_MELDUNGEN OBJECT DOKU ID TX

System Response

How to fix this error?

Check the amount invoiced. If the amount is correct, the Purchasing
department has to change the contract and increase the target value.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M8771 - The value exceeds the target value &2 &3 in contract &1 ?

  The SAP error message M8771, which states "The value exceeds the target value &2 &3 in contract &1," typically occurs in the context of materials management, particularly when dealing with contracts or purchase orders. This error indicates that a certain value (such as quantity or amount) being processed exceeds the predefined target value set in the contract.
  Cause:
  
  
  Exceeding Contract Limits: The most common cause of this error is that the quantity or value being entered in a transaction exceeds the limits defined in the contract. This could be due to:
  
  A higher quantity being ordered than what is allowed in the contract.
  An amount being entered that surpasses the financial limits set in the contract.
  
  
  
  Contract Configuration: The contract may have specific conditions or limits that are not being adhered to, such as maximum order quantities or total contract values.
  
  
  Data Entry Errors: There may be a mistake in data entry, where the user inadvertently inputs a value that is too high.
  
  
  Solution:
  
  
  Review Contract Details: Check the contract referenced in the error message (contract &1) to understand the target values (e.g., maximum quantities or amounts) that have been set. Ensure that the values you are trying to enter do not exceed these limits.
  
  
  Adjust Order Quantity/Value: If the order quantity or value exceeds the contract limits, adjust the values to be within the allowed range.
  
  
  Contract Amendments: If the business needs to exceed the current limits, consider amending the contract to increase the target values. This may involve negotiating with the vendor and updating the contract in the system.
  
  
  Consult with Procurement: If you are unsure about the limits or need to make changes, consult with your procurement or contract management team for guidance.
  
  
  Check for Data Entry Errors: Double-check the values being entered for any typographical errors or miscalculations.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as ME31K (Create Contract), ME32K (Change Contract), and ME33K (Display Contract) to manage contracts effectively.
  SAP Documentation: Refer to SAP Help documentation for detailed information on contract management and error handling.
  User Roles: Ensure that you have the appropriate permissions to view and modify contracts, as restrictions may lead to errors.
  
  By following these steps, you should be able to resolve the M8771 error and proceed with your transaction successfully.