How To Fix MF307 - Future price has not been maintained in the material master

SAP Error Message - Details

• Message type: E = Error

• Message class: MF - MPS planning and evaluation

• Message number: 307

• Message text: Future price has not been maintained in the material master

What causes this issue?

The future price has not been maintained in the accounting screen of
the material master.

How to fix this error?

Enter the future price in the <DS:TRAN.MM02>Accounting</> screen of the
material master.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MF307 - Future price has not been maintained in the material master ?

  The SAP error message MF307, "Future price has not been maintained in the material master," typically occurs when you are trying to perform a transaction that requires a future price for a material, but that price has not been set in the material master data.
  Cause:
  
  Missing Future Price: The primary cause of this error is that the future price for the material has not been maintained in the material master record. This is often required for planning purposes, especially in scenarios involving material requirements planning (MRP) or when using certain valuation methods.
  Incorrect Configuration: Sometimes, the configuration settings in the system may not align with the requirements for maintaining future prices.
  Material Type Settings: The material type settings may not allow for future prices to be maintained.
  
  Solution:
  To resolve the MF307 error, you need to maintain the future price in the material master. Here are the steps to do this:
  
  
  Access Material Master:
  
  Use transaction code MM02 to change the material master record.
  Enter the material number and select the appropriate views (usually the Accounting and/or Costing views).
  
  
  
  Maintain Future Price:
  
  Navigate to the relevant tab (e.g., Accounting 1 or Costing) where the future price can be maintained.
  Enter the future price in the appropriate field. This is typically done in the "Future Price" field or similar, depending on your version of SAP.
  
  
  
  Save Changes: After entering the future price, save the changes to the material master.
  
  
  Check Configuration: If you are unable to maintain the future price, check the configuration settings for the material type in transaction OMH0 or consult with your SAP configuration team to ensure that the material type allows for future price maintenance.
  
  
  Testing: After maintaining the future price, re-run the transaction that initially caused the error to ensure that the issue has been resolved.
  
  
  Related Information:
  
  Material Master Views: Familiarize yourself with the different views of the material master, especially the Accounting and Costing views, as they are crucial for price maintenance.
  SAP Documentation: Refer to SAP Help documentation for detailed information on material master data management and pricing.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to change the material master data.
  Consulting with SAP Support: If the issue persists or if you encounter additional errors, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to resolve the MF307 error and maintain the necessary future price for your materials in SAP.