How To Fix MY107 - Percentage rate 'FIFO Price from' reset to maximum value of 100

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 107

• Message text: Percentage rate 'FIFO Price from' reset to maximum value of 100

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MY107 - Percentage rate 'FIFO Price from' reset to maximum value of 100 ?

  The SAP error message MY107, which states "Percentage rate 'FIFO Price from' reset to maximum value of 100," typically occurs in the context of inventory management and valuation methods, particularly when using the FIFO (First In, First Out) pricing method. This error indicates that the percentage rate for the FIFO price has been set to a value that exceeds the allowable limit, which is 100%.
  Cause:
  
  Incorrect Configuration: The percentage rate for FIFO pricing may have been incorrectly configured in the system, leading to values greater than 100%.
  Data Entry Error: During the entry of pricing information, a user may have mistakenly input a percentage greater than 100%.
  System Limitations: The system has a built-in limit for percentage values, and any attempt to exceed this limit will trigger the error.
  
  Solution:
  
  
  Check Configuration: 
  
  Navigate to the configuration settings for FIFO pricing in your SAP system.
  Ensure that the percentage rate is set correctly and does not exceed 100%.
  
  
  
  Review Data Entries:
  
  Go through the relevant transactions or master data entries where the FIFO pricing is defined.
  Correct any entries that have a percentage greater than 100%.
  
  
  
  Adjust Pricing Strategy:
  
  If the business logic requires a percentage greater than 100%, consider revising the pricing strategy or method being used, as FIFO pricing inherently cannot support such values.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidelines on FIFO pricing and percentage settings.
  
  
  
  Testing:
  
  After making adjustments, perform tests to ensure that the error does not reoccur and that the pricing behaves as expected.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions for common problems.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  Training: Consider training for users involved in pricing and inventory management to minimize data entry errors and improve understanding of system configurations.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a professional with expertise in SAP configuration and inventory management.