How To Fix ML4HRUN062 - External price is negative

ML4HRUN062 - Overview

• 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.

ML4HRUN062 - Details

• 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