How To Fix MQ222 - Standard price of material changed. Price before: & Price after: &

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 222

• Message text: Standard price of material changed. Price before: & Price after: &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MQ222 - Standard price of material changed. Price before: & Price after: & ?

  The SAP error message MQ222 indicates that the standard price of a material has been changed. This message typically arises in the context of inventory management and material valuation in SAP. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Standard Price Change: The standard price of a material has been modified in the system. This can happen due to various reasons, such as a change in cost structure, updates in supplier pricing, or adjustments in production costs.
  Material Master Data Update: The change might have been made in the material master data, specifically in the accounting view where the standard price is maintained.
  Price Control Indicator: The material may be set to use standard price control (S) instead of moving average price (V), which means any change in the standard price will trigger this message.
  
  Solution:
  
  Review Price Change: Check the material master data to understand the reason for the price change. You can do this by navigating to the material master (transaction code MM03) and reviewing the accounting view.
  Analyze Impact: Assess the impact of the price change on inventory valuation and financial reporting. Ensure that all relevant stakeholders are informed about the change.
  Adjust Inventory Valuation: If necessary, adjust the inventory valuation to reflect the new standard price. This may involve running the appropriate transactions to revalue inventory.
  Document Changes: Ensure that any changes made are documented properly for audit and compliance purposes.
  Communicate with Stakeholders: Inform relevant departments (e.g., finance, procurement, production) about the change in standard price to ensure alignment across the organization.
  
  Related Information:
  
  Transaction Codes: 
  
  MM03: Display Material Master
  MM02: Change Material Master
  CK11N: Create Cost Estimate with Quantity Structure
  CK40N: Change Cost Estimate
  
  
  Price Control: Understand the difference between standard price (S) and moving average price (V) in SAP. Standard price is fixed until changed, while moving average price fluctuates based on inventory transactions.
  Material Ledger: If your organization uses the Material Ledger, be aware that changes in standard price can affect the actual costing and reporting.
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error message.
  
  By following these steps, you should be able to address the MQ222 error message effectively. If the issue persists or if you need further assistance, consider reaching out to your SAP support team or consulting SAP documentation for more detailed troubleshooting.