How To Fix MY049 - You cannot initialize and update same price!

MY049 - Overview

• Message type: E = Error

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

• Message number: 049

• Message text: You cannot initialize and update same price!

What causes this issue?

At least one price is selected for initialization that has already been
selected for updating.

System Response

The system deselects the initialization indicator for the price fields
concerned.

How to fix this error?

If you want the price fields initialized, deselect the update
indicator.

Error message extract from SAP system. Copyright SAP SE.

MY049 - Details

• The SAP error message MY049 ("You cannot initialize and update same price") typically occurs in the context of material management, particularly when dealing with pricing in purchasing documents or inventory management. This error indicates that there is an attempt to initialize (set) a price while simultaneously trying to update it, which is not allowed in the system.
  
  Cause:
  
  Conflicting Operations: The error arises when a transaction attempts to both initialize a price and update it at the same time. This can happen if the system is trying to process a document that has conflicting price conditions.
  Incorrect Configuration: There may be issues with the configuration of pricing procedures or condition records that lead to this conflict.
  Data Entry Errors: Manual entry errors in the pricing conditions or in the purchase order can also trigger this error.
  
  
  Solution:
  
  Check Pricing Conditions: Review the pricing conditions in the relevant purchasing document or material master. Ensure that there are