How To Fix MY071 - Error during update of a valuation alternative for material &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 071

• Message text: Error during update of a valuation alternative for material &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

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Smart SAP Assistant

• What is the cause and solution for SAP error message MY071 - Error during update of a valuation alternative for material & ?

  The SAP error message MY071, which states "Error during update of a valuation alternative for material &," typically occurs during the process of updating or changing the valuation data for a material in the system. This error can arise due to various reasons, and understanding the cause is essential for finding an appropriate solution.
  Possible Causes:
  
  Data Inconsistency: There may be inconsistencies in the material master data or valuation data that prevent the update from being processed correctly.
  Authorization Issues: The user may not have the necessary authorizations to make changes to the valuation data for the material.
  System Locking: The material may be locked by another process or user, preventing the update from being completed.
  Configuration Issues: There may be issues with the configuration of the valuation area or valuation method in the system.
  Technical Errors: There could be underlying technical issues, such as database problems or issues with the SAP application itself.
  
  Solutions:
  
  Check Material Master Data: Verify the material master data for any inconsistencies. Ensure that all required fields are filled out correctly and that there are no missing or incorrect entries.
  Review Authorizations: Ensure that the user attempting to make the update has the necessary authorizations to modify the valuation data for the material.
  Check for Locks: Use transaction codes like SM12 to check if the material is locked by another user or process. If it is, you may need to wait for the lock to be released or contact the user who has locked it.
  Review Configuration: Check the configuration settings for the valuation area and valuation method in the system. Ensure that they are set up correctly and that there are no discrepancies.
  Technical Support: If the issue persists, consider reaching out to your SAP Basis or technical support team to investigate any underlying technical issues that may be causing the error.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM02 (Change Material), MM03 (Display Material), and MM01 (Create Material) to manage material master data.
  SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Review SAP documentation related to material valuation and master data management for further insights into best practices and common issues.
  
  By following these steps, you should be able to identify the cause of the MY071 error and implement a solution to resolve it. If the problem continues, consider escalating the issue to SAP support for further assistance.