SAP Knowledge Base Article - Public

2601464 - Error: Creation of Material Cost Estimate Failed

Symptom

When creating a New Cost Estimate for a material, system gives the error message:

Creation of material cost estimate failed.

Environment

SAP Business ByDesign.

Reproducing the Issue

  1. Go to the Inevtory Valuation work center.
  2. Go to the Material Cost Estimates view.
  3. Click on New -> Cost Estimate.
  4. Enter the Material ID, Business Residence, Valid From, Explosion Date and Set of Books.
  5. Click on Estimate.
  6. Error Message: "Creation of material cost estimate failed".

Cause

In the Inventory Valuation work center -> Master Data -> Materials, under the Planning Tab you could see that the Procurement Type is maintained as External Procurement. Production Models does not work with External Procurement.

Resolution

You have to change the Procurement Type to In-house Production in the Material master data and then create a New Production Model from the Planning and Production Master Data - Production Models.

Keywords

Material cost estimate, Production model , KBA , production model , cost estimate , material , SRD-FIN-INV , Inventory , Problem

Product

SAP Business ByDesign all versions