How To Fix RECEPR042 - No valuation parameters found

SAP Error Message - Details

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 042

• Message text: No valuation parameters found

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR042 - No valuation parameters found ?

  The SAP error message RECEPR042: No valuation parameters found typically occurs in the context of the SAP system when dealing with inventory management or valuation of materials. This error indicates that the system is unable to find the necessary valuation parameters for a material or product, which are essential for processing transactions related to inventory valuation, such as goods movements or inventory postings.
  Causes:
  
  Missing Valuation Class: The material may not have a valuation class assigned in the material master data.
  Missing Valuation Area: The valuation area (plant or company code) may not be properly defined or linked to the material.
  Incorrect Configuration: The configuration settings in the SAP system for material valuation may not be set up correctly.
  Material Type Issues: The material type may not be configured to allow for valuation.
  Missing Accounting View: The accounting view of the material master may not be maintained, which is necessary for valuation purposes.
  
  Solutions:
  
  
  Check Material Master Data:
  
  Go to the material master record (transaction code MM03).
  Verify that the valuation class is assigned correctly in the accounting view.
  Ensure that the valuation area is correctly defined.
  
  
  
  Review Valuation Configuration:
  
  Check the configuration settings in the SAP system (transaction code SPRO).
  Navigate to Logistics > Materials Management > Valuation and Account Assignment > Account Determination and ensure that the valuation classes and account determination settings are correctly configured.
  
  
  
  Maintain Accounting View:
  
  If the accounting view is missing, you can create or update it using transaction code MM01 or MM02.
  Ensure that all necessary fields are filled out, including valuation class and price control.
  
  
  
  Check Material Type Settings:
  
  Ensure that the material type is set up to allow for valuation. This can be checked in the configuration settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details related to your version of SAP and the context in which the error occurs.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  MM01 - Create Material
  MM02 - Change Material
  MM03 - Display Material
  SPRO - Customizing Implementation Guide
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that the user has the necessary authorizations to view and edit material master data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in materials management and valuation.