How To Fix MY014 - No price source was selected. Please check

MY014 - Overview

• Message type: E = Error

• Message class: MY - Messages for Balance Sheet Valuation(Low.Val.Det./LIFO/FIFO)

• Message number: 014

• Message text: No price source was selected. Please check

What causes this issue?

You have not entered any price source.

System Response

To determine the current market price, the system requires at least
one price source.

How to fix this error?

Please select at least one price source.

Error message extract from SAP system. Copyright SAP SE.

MY014 - Details

• The SAP error message MY014 ("No price source was selected. Please check") typically occurs in the context of materials management, particularly when dealing with pricing in purchasing documents or inventory management. This error indicates that the system could not find a valid price source for the material or service you are trying to process.
  Causes:
  
  Missing Price Conditions: The material may not have any valid price conditions set up in the system.
  Incorrect Pricing Procedure: The pricing procedure assigned to the document type or the vendor may not be configured correctly.
  Invalid or Incomplete Master Data: The material master or vendor master data may be incomplete or not properly maintained.
  Price Source Not Defined: The system may not have a defined price source for the specific transaction or document type.
  Document Type Issues: The document type being used may not be set up to allow for the selection of price sources.
  
  Solutions:
  
  
  Check Price Conditions:
  
  Go to the transaction