How To Fix M8815 - Please specify LIFO valuation level

SAP Error Message - Details

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 815

• Message text: Please specify LIFO valuation level

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message M8815 - Please specify LIFO valuation level ?

  The SAP error message M8815, which states "Please specify LIFO valuation level," typically occurs in the context of inventory management and valuation methods, particularly when using the Last In, First Out (LIFO) inventory valuation method. This error indicates that the system requires a specific LIFO valuation level to be defined for the transaction you are trying to execute.
  Cause:
  
  Missing LIFO Valuation Level: The LIFO valuation level has not been specified in the material master data or in the transaction you are attempting to process.
  Configuration Issues: The system may not be properly configured to handle LIFO valuation, or the necessary settings may not have been completed.
  Transaction Type: The transaction you are trying to execute may require a LIFO valuation level, but it has not been provided.
  
  Solution:
  
  
  Check Material Master Data:
  
  Go to the material master record for the relevant material (transaction code MM03).
  Check the accounting view to ensure that the LIFO valuation level is specified.
  If it is missing, you may need to update the material master with the appropriate LIFO valuation level.
  
  
  
  Define LIFO Valuation Level:
  
  If you are responsible for configuration, navigate to the configuration settings for LIFO valuation in the SAP system.
  Ensure that the LIFO valuation levels are defined correctly in the system (transaction code SPRO).
  Follow the path: Logistics > Materials Management > Valuation and Account Assignment > LIFO Valuation to set up the necessary parameters.
  
  
  
  Transaction Entry:
  
  When entering a transaction that requires LIFO valuation, ensure that you specify the LIFO valuation level in the relevant field.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to LIFO valuation to understand the requirements and settings needed for your specific scenario.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  LIFO Valuation: LIFO is an inventory valuation method where the last items added to inventory are the first ones to be used or sold. This method can have tax implications and affect financial reporting.
  Material Master: The material master is a central repository of information related to materials in SAP, and it contains various views that define how materials are managed, valued, and accounted for.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM01 (Create Material), MM02 (Change Material), and MM03 (Display Material) for managing material master data.
  
  By following these steps, you should be able to resolve the M8815 error and ensure that the LIFO valuation level is correctly specified in your SAP system.