I'm getting this same issue when trying to run the Recalc Item History today for a client.  I have already run the Cost Commit Utilities and the Balancing Utilities.  Did you find out what was causing the issue or next steps?  

Everyone at Sage ended up getting involved in this one. Turns out it is caused by having old JI Transactions in Inventory History and PM not installed.  JI is the code that was being used for Scanco (P/M, O/M, JobOps – issues) and Sage re-used it for Production Management in P/M so the re-cal code is looking for the PM module if it finds JI transactions and if you have or had the old Job Ops and no do now have Production Management and try to re-calc item history the error happens. And that's the rest of the story.

Everyone at Sage ended up getting involved in this one. Turns out it is caused by having old JI Transactions in Inventory History and PM not installed.  JI is the code that was being used for Scanco (P/M, O/M, JobOps – issues) and Sage re-used it for Production Management in P/M so the re-cal code is looking for the PM module if it finds JI transactions and if you have or had the old Job Ops and no do now have Production Management and try to re-calc item history the error happens. And that's the rest of the story.