How To Fix W7034 - Error reading valuation area &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 034

• Message text: Error reading valuation area &1

What causes this issue?

Valuation area &V1& does not exist.

How to fix this error?

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Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message W7034 - Error reading valuation area &1 ?

  SAP Error Message:
  
  W7034 - Error reading valuation area &1
  
  Cause:
  The warning message W7034 occurs when SAP tries to read data for a specific valuation area (usually a plant or company code level in inventory valuation) but fails to find or access the relevant data. This can happen due to:
  
  The valuation area specified does not exist in the system.
  The valuation area is not properly maintained or configured in the system.
  Missing or inconsistent master data related to the valuation area.
  Authorization issues preventing access to the valuation area data.
  Data inconsistencies or incomplete data in tables related to valuation areas (e.g., T001L, T001K, or material master valuation views).
  
  
  Typical Scenarios:
  
  During material master data processing (MM01/MM02).
  When running inventory valuation or material ledger reports.
  During goods movement postings or invoice verification.
  When executing custom programs or standard SAP reports that require valuation area data.
  
  
  Solution:
  
  
  Check Valuation Area Configuration:
  
  Verify that the valuation area (&1) exists in the system.
  Use transaction OMWB (Define Valuation Areas) or OX14 (Assign Valuation Areas to Company Codes) to check and maintain valuation areas.
  Ensure the valuation area is correctly assigned to the relevant company code or plant.
  
  
  
  Verify Master Data:
  
  Check material master data (MM03) for the valuation views to ensure the valuation area is maintained.
  Confirm that the valuation area is consistent across related master data tables.
  
  
  
  Check Authorizations:
  
  Ensure the user has the necessary authorizations to access valuation area data.
  
  
  
  Data Consistency Checks:
  
  Run consistency checks or database utility tools to verify the integrity of valuation area data.
  Check tables like T001L (Plants), T001K (Valuation Areas), and material master valuation views (MARC, MBEW).
  
  
  
  Debugging / Logs:
  
  If the issue persists, debug the program or check application logs (transaction SLG1) to identify where the read fails.
  Look for related short dumps (ST22) or system logs (SM21).
  
  
  
  Consult SAP Notes:
  
  Search SAP Support Portal for notes related to message W7034 for any known bugs or patches.
  
  
  
  
  Related Information:
  
  Valuation Area: In SAP MM and FI, the valuation area is the organizational level at which material valuation is carried out. It is often a plant or company code.
  Tables:
  
  T001K: Valuation areas.
  T001L: Plants.
  MARC: Plant data for material.
  MBEW: Material valuation data.
  
  
  Transactions:
  
  OMWB: Define valuation areas.
  OX14: Assign valuation areas to company codes.
  MM01/MM02/MM03: Material master maintenance.
  MB5B, MB51: Inventory and material movement reports.
  
  
  Message Class: W7 (Material Management messages).
  
  
  If you provide the exact context or transaction where the error occurs, more specific guidance can be given.