How To Fix RECEPR350 - Valuation correction &1

SAP Error Message - Details

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 350

• Message text: Valuation correction &1

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

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.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR350 - Valuation correction &1 ?

  The SAP error message RECEPR350, which states "Valuation correction &1," typically occurs in the context of inventory management and valuation adjustments. This error can arise during various processes, such as goods movements, inventory adjustments, or when performing valuation corrections in the system.
  Cause:
  The error message RECEPR350 usually indicates that there is an issue with the valuation of inventory items. Common causes include:
  
  Incorrect Valuation Type: The valuation type for the material may not be set correctly, leading to discrepancies in the valuation.
  Missing or Incorrect Data: There may be missing or incorrect data in the material master record, such as valuation class or price control indicators.
  Posting Period Issues: The posting period may be closed, preventing any valuation adjustments from being processed.
  Currency Issues: If there are currency conversion issues or discrepancies in currency settings, it can lead to valuation errors.
  Stock Type Issues: The stock type (e.g., unrestricted, blocked) may not allow for the valuation correction to be processed.
  
  Solution:
  To resolve the RECEPR350 error, you can take the following steps:
  
  
  Check Material Master Data:
  
  Go to the material master record and verify that the valuation class and price control indicators are set correctly.
  Ensure that all necessary fields are filled out correctly.
  
  
  
  Review Posting Periods:
  
  Check if the posting period is open for the transaction you are trying to perform. If it is closed, you may need to open it or perform the transaction in an open period.
  
  
  
  Validate Stock Types:
  
  Ensure that the stock type you are working with allows for valuation corrections. For example, blocked stock may have restrictions.
  
  
  
  Check Currency Settings:
  
  Verify that the currency settings for the material and the transaction are consistent and correct.
  
  
  
  Consult SAP Notes:
  
  Look for any relevant SAP Notes that may address this specific error. SAP Notes often provide patches or additional guidance for known issues.
  
  
  
  Use Transaction Codes:
  
  Use transaction codes like MM02 to change material master data or MB1A for goods movements to correct any discrepancies.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM01 (Create Material), MM02 (Change Material), MB1A (Goods Withdrawal), and MB1B (Transfer Posting).
  SAP Documentation: Review SAP documentation related to inventory management and valuation to understand the underlying processes better.
  Training: Consider training sessions or workshops on SAP inventory management to enhance your understanding of valuation processes.
  
  By following these steps, you should be able to identify the root cause of the RECEPR350 error and implement the necessary corrections.