How To Fix ML4HRUN062 - External price is negative

SAP Error Message - Details

• Message type: E = Error

• Message class: ML4HRUN - Messages for New Actual Costing

• Message number: 062

• Message text: External price is negative

What causes this issue?

You want to perform the settlement for the material.
In the relevant period, the price for ending inventory or cumulative
inventory is supplied by an external valuation
or Business Add-In. However, the external price is negative.

System Response

The system does not allow a negative price and therefore ignores the
external price.

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 ML4HRUN062 - External price is negative ?

  The SAP error message ML4HRUN062: External price is negative typically occurs in the context of materials management or inventory management when dealing with external pricing conditions. This error indicates that a negative price has been encountered in a transaction where a positive price is expected.
  Causes:
  
  Incorrect Pricing Data: The most common cause is that the pricing data for a material or service has been incorrectly entered or maintained, leading to a negative price.
  Data Entry Errors: Manual entry errors during the creation or modification of purchase orders, contracts, or pricing conditions can lead to negative values.
  Master Data Issues: Issues with material master data, vendor master data, or pricing conditions can also lead to this error.
  Currency Conversion Issues: If there are currency conversion issues, it might result in negative pricing due to incorrect exchange rates or conversion factors.
  Custom Logic or User Exits: Custom code or user exits that manipulate pricing data may inadvertently set a negative price.
  
  Solutions:
  
  Check Pricing Conditions: Review the pricing conditions for the relevant material or service in the condition records (transaction code: MEK1, MEK2, MEK3) to ensure that all prices are set correctly and are positive.
  Review Purchase Orders: Check the purchase orders or contracts where the error occurred to ensure that no negative prices have been entered.
  Correct Master Data: Verify and correct any issues in the material master or vendor master data that may be causing the negative price.
  Currency Settings: Ensure that currency settings and exchange rates are correctly configured and that they do not lead to negative pricing.
  Consult with Technical Team: If the issue persists, consult with your technical team to check for any custom logic or user exits that may be affecting pricing calculations.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as ME21N (Create Purchase Order), ME22N (Change Purchase Order), and ME23N (Display Purchase Order) to investigate the issue.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation related to pricing procedures and conditions to ensure compliance with best practices.
  Testing: After making corrections, conduct thorough testing to ensure that the issue is resolved and does not recur.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to prevent it from occurring in the future.