How To Fix W7023 - Value-based Inventory Management is not defined for plant &1

W7023 - Overview

• Message type: E = Error

• Message class: W7 - Message Class for Value-Only Based Inventory Management

• Message number: 023

• Message text: Value-based Inventory Management is not defined for plant &1

What causes this issue?

Inventory management at retail is not defined in plant &V1&.

How to fix this error?

INCLUDE ISR_PRnFEN

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message W7023 - Value-based Inventory Management is not defined for plant &1 ?

  SAP Error Message:
  W7023 - Value-based Inventory Management is not defined for plant &1
  
  
  Cause:
  This warning message occurs because Value-Based Inventory Management (VBIM) is not activated or defined for the specified plant in the system. VBIM is a functionality in SAP that allows inventory management to be carried out based on the value of the stock rather than just the quantity. If a process or transaction tries to use VBIM features for a plant where it is not set up, this warning is triggered.
  
  Explanation:
  
  Value-Based Inventory Management (VBIM) is an optional inventory management approach where inventory is managed and updated based on the value of the stock rather than just the quantity.
  The system checks whether VBIM is activated for the plant during inventory transactions.
  If VBIM is not defined for the plant, but the transaction or configuration expects it, the system issues this warning.
  
  
  
  Solution:
  To resolve this warning, you need to define or activate Value-Based