1847413 - Error when Updating Inventory Cost of a Material - Perpetual Cost Method: Standard

You attempt to update the cost price of a material having the Perpetual Cost Method Standard for a certain valuation interval. In General Ledger work center you made sure that the relevant posting periods are open for operational postings and postable today in the Process Control.

When trying to save the updated material you are receiving error messages indicating the update didn't succeed,e.g.:
Journal entry type missing
DEBIT_CREDIT_CODE missing
Save failed

SAP Business Bydesign

1. Go to Inventory Valuation work center.
2. Navigate to Master Data / Materials view and select the relevant material.
3. Choose Edit and select the tab Valuation.
4. Edit the Inventory Cost for the assigned Sets of Books and for a certain validity-period.
5. Click Save.

The material is assigned to Account Determination Group XYZ(here XYZ represents Account Determination Group Id) as indicated in the Valuation tab in the material master data. In the account determination for inventory this account determination group is not maintained for all relevant tabs required for inventory valuation - e.g. Gains and Losses tab.

1. Go to Business Configuration work center.
2. Under Implementation Projects open the Activity List / Fine Tuning.
3. Open the activity Charts of Accounts, Financial Reporting Structures, Account Determination.
4. Choose Account Determination / Inventories.
5. Maintain the accounts for account determination group XYZ (here XYZ represents Account Determination Group Id) in all tabs relevant for inventory valuation - e.g. Gains and Losses.

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