How To Fix MM066 - Only price control S is possible with ML settlement control 3

SAP Error Message - Details

• Message type: E = Error

• Message class: MM - Messages for material master maintenance and Customizing

• Message number: 066

• Message text: Only price control S is possible with ML settlement control 3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MM066 - Only price control S is possible with ML settlement control 3 ?

  The SAP error message MM066, which states "Only price control S is possible with ML settlement control 3," typically occurs in the context of Material Management (MM) when dealing with Material Ledger (ML) and inventory valuation. This error indicates a conflict between the price control settings and the Material Ledger settlement control settings.
  
  Cause:
  
  
  Price Control Settings: The error arises when the material is set to use a price control type that is incompatible with the selected Material Ledger settlement control. Specifically, the price control type 'S' (Standard Price) is required when the Material Ledger is set to settlement control '3' (which indicates that the material is managed in the Material Ledger with actual costing).
  
  
  Material Ledger Configuration: The configuration of the Material Ledger may not align with the material's price control settings. If the material is set to use moving average price (V) or any other price control type, it will lead