How To Fix 3F816 - Cost item &1 does not exist in the period of time selected

SAP Error Message - Details

• Message type: E = Error

• Message class: 3F - Compensation Management

• Message number: 816

• Message text: Cost item &1 does not exist in the period of time selected

What causes this issue?

The cost element &v1& does not exist or has been delimited so that you
cannot select for the period specified.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check to see that you have chosen the correct cost element and check
the validity of the cost element &v1&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 3F816 - Cost item &1 does not exist in the period of time selected ?

  The SAP error message 3F816 indicates that a cost item (identified by &1) does not exist in the specified period of time. This error typically arises in the context of cost accounting or controlling modules when trying to access or analyze cost data that is not available for the given time frame.
  Cause:
  
  Missing Cost Item: The cost item you are trying to access has not been created or does not exist in the system for the specified period.
  Incorrect Period Selection: The period you are trying to analyze may not have any postings for the cost item.
  Data Deletion: The cost item may have been deleted or archived, making it unavailable for the selected period.
  Configuration Issues: There may be configuration issues in the controlling area or cost center that prevent the cost item from being recognized.
  
  Solution:
  
  
  Verify Cost Item Existence:
  
  Check if the cost item exists in the system. You can do this by navigating to the relevant transaction (e.g., KS03 for cost centers) and entering the cost item number.
  
  
  
  Check Posting Period:
  
  Ensure that you are selecting the correct period. You can do this by reviewing the period settings in your report or transaction.
  If necessary, adjust the period to one where the cost item is known to exist.
  
  
  
  Review Data:
  
  Look for any postings related to the cost item in the specified period. You can use transaction codes like KSB1 (for cost centers) to see if there are any entries.
  
  
  
  Consult with Finance Team:
  
  If you suspect that the cost item should exist but does not, consult with your finance or controlling team to verify if there have been any changes, deletions, or archiving of data.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the controlling area to ensure that everything is set up correctly for the cost item to be recognized.
  
  
  
  Recreate Cost Item:
  
  If the cost item is indeed missing and should exist, you may need to recreate it in the system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KS01 (Create Cost Center), KS02 (Change Cost Center), and KS03 (Display Cost Center).
  Documentation: Review SAP documentation or help files related to cost accounting and controlling for more detailed guidance on managing cost items.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.