How To Fix O1131 - No reference price in associated locations of plant & found

SAP Error Message - Details

• Message type: E = Error

• Message class: O1 - IS-Oil : Message pool exchanges

• Message number: 131

• Message text: No reference price in associated locations of plant & found

What causes this issue?

A price reference plant valuation was triggered, but no reference price
was found.
Possible reasons:
- No price reference plants are assigned
- Material master of price ref. plants are not maintained
- Price reference plants contain no inventory

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Check the data for the above mentioned reasons.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message O1131 - No reference price in associated locations of plant & found ?

  The SAP error message O1131, which states "No reference price in associated locations of plant & found," typically occurs in the context of materials management, particularly when dealing with pricing and inventory management in SAP.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Missing Reference Price: The system cannot find a reference price for the material in the specified plant and storage location. This can happen if the material has not been set up correctly in the system or if the pricing information has not been maintained.
  
  
  Incorrect Material Master Data: The material master data may not have been fully maintained, particularly in the purchasing or accounting views.
  
  
  Plant or Storage Location Issues: The plant or storage location specified may not be correctly associated with the material, or it may not have been set up in the system.
  
  
  Price Control Settings: The price control settings (standard price or moving average price) may not be configured correctly for the material.
  
  
  Solution:
  To resolve the O1131 error, you can take the following steps:
  
  
  Check Material Master Data:
  
  Go to the material master record (transaction code MM03) and verify that the material is correctly set up in the relevant views (Purchasing, Accounting, etc.).
  Ensure that the reference price is maintained for the material in the appropriate plant and storage location.
  
  
  
  Maintain Pricing Information:
  
  If the reference price is missing, you can maintain it using transaction code ME11 (Create Info Record) or ME12 (Change Info Record) for the relevant vendor and material combination.
  Ensure that the pricing conditions are correctly set up in the condition records (transaction code MEK1 for creating and MEK2 for changing).
  
  
  
  Check Plant and Storage Location:
  
  Verify that the plant and storage location are correctly assigned to the material. You can check this in the material master data.
  Ensure that the plant and storage location are active and correctly configured in the system.
  
  
  
  Review Price Control Settings:
  
  Check the price control settings in the material master. If the material is set to use a standard price, ensure that the standard price is maintained. If it uses a moving average price, ensure that there are sufficient transactions to calculate the moving average.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, consider consulting with your SAP support team or referring to SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: MM03 (Display Material), ME11 (Create Info Record), ME12 (Change Info Record), MEK1 (Create Condition Record), MEK2 (Change Condition Record).
  SAP Documentation: Refer to SAP Help Portal for detailed documentation on material management and pricing.
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may address specific issues related to error O1131.
  
  By following these steps, you should be able to identify and resolve the cause of the O1131 error in SAP.