How To Fix MY050 - Only select planned prices with appropriate dates

MY050 - Overview

• Message type: E = Error

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

• Message number: 050

• Message text: Only select planned prices with appropriate dates

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MY050 - Only select planned prices with appropriate dates ?

  The SAP error message MY050 ("Only select planned prices with appropriate dates") typically occurs in the context of Material Management (MM) or Production Planning (PP) when there is an issue with the pricing data being used in a transaction. This error indicates that the system is unable to find a valid planned price for the material based on the date specified in the transaction.
  Causes:
  
  Date Mismatch: The date for which you are trying to retrieve the planned price does not fall within the validity period of the planned prices maintained in the system.
  Missing Price Records: There may be no planned prices defined for the material in the specified time frame.
  Incorrect Material Master Data: The material master data may not be set up correctly, leading to issues in retrieving the planned prices.
  Price Change Not Updated: If there was a recent change in pricing that has not been updated or activated in the