How To Fix 60516 - Comp.group & & does not yet exist

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 516

• Message text: Comp.group & & does not yet exist

What causes this issue?

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

System Response

How to fix this error?

You create the portfolio by assigning apartments to it.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60516 - Comp.group & & does not yet exist ?

  The SAP error message 60516, which states "Comp.group & & does not yet exist," typically occurs in the context of SAP's Controlling (CO) module, particularly when dealing with cost centers, internal orders, or other controlling objects. This error indicates that the system is trying to reference a combination of a controlling area and a cost center or internal order that has not been defined or does not exist in the system.
  Cause:
  
  Missing Configuration: The specified combination of controlling area and cost center or internal order has not been created in the system.
  Incorrect Data Entry: There may be a typo or incorrect entry in the transaction where the error is triggered.
  Master Data Issues: The master data for the cost center or internal order may not be activated or may have been deleted.
  Authorization Issues: The user may not have the necessary authorizations to view or access the specified combination.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP and verify that the controlling area and the cost center/internal order combination exists.
  Use transaction codes like KS01 (Create Cost Center) or KO01 (Create Internal Order) to create the necessary master data if it does not exist.
  
  
  
  Verify Data Entry:
  
  Double-check the entries made in the transaction that triggered the error. Ensure that the controlling area and cost center/internal order are correctly specified.
  
  
  
  Review Master Data:
  
  Use transaction codes like KS02 (Change Cost Center) or KO02 (Change Internal Order) to check if the cost center or internal order is active and correctly configured.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the controlling area and the related cost center/internal order. This can be checked with the help of your SAP security team.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to the specific module you are working with for additional context and troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing cost centers and internal orders, such as KS01, KS02, KO01, KO02, KSB1 (Cost Centers: Actual Line Items), etc.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP's customer support for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.