How To Fix BK501 - No activity prices are planned for process &.

BK501 - Overview

• Message type: E = Error

• Message class: BK - Create, Display, Reverse Controlling Document

• Message number: 501

• Message text: No activity prices are planned for process &.

What causes this issue?

You want to allocate the activity quantity of business process &V1&.
However, you either have not provided for activity type planning for
&V1& in the selected version, or you have not yet calculated prices in
activity type planning.

System Response

How to fix this error?

Plan a price for business process &V1&.

Error message extract from SAP system. Copyright SAP SE.

BK501 - Details

• The SAP error message BK501 ("No activity prices are planned for process &.") typically occurs in the context of controlling (CO) when you are trying to execute a transaction that requires activity prices for a specific process, but no prices have been defined for that process in the system.
  
  Cause:
  
  Missing Activity Prices: The primary cause of this error is that there are no activity prices defined for the specified process in the controlling area.
  Incorrect Configuration: The configuration for activity types or the assignment of activity prices may not be set up correctly.
  Period Not Open: The period for which you are trying to execute the transaction may not be open for posting, which can also lead to this error.
  Data Entry Error: There may be a mistake in the data entry, such as specifying the wrong process or controlling area.
  
  
  Solution:
  
  
  Define Activity Prices:
  
  Go to the transaction code KP26 (Change Activity Prices).
  Enter the relevant controlling