How To Fix FCO_KKAG005 - WIP/RA can only be calculated for legal valuation

FCO_KKAG005 - Overview

• Message type: E = Error

• Message class: FCO_KKAG - Message Class for new CodePushDown Transactions

• Message number: 005

• Message text: WIP/RA can only be calculated for legal valuation

Self-Explanatory Message

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FCO_KKAG005 - Details

• The SAP error message FCO_KKAG005 indicates that the Work in Progress (WIP) or Revenue Recognition (RA) calculation can only be performed for legal valuation. This error typically arises in the context of controlling and financial accounting when trying to perform WIP calculations for a project or order that is not set up correctly for legal valuation.
  
  Cause:
  
  Valuation Type: The project or order may not be configured to use legal valuation. This can happen if the valuation method is set to something other than legal valuation (e.g., group valuation).
  
  Configuration Issues: There may be issues in the configuration of the controlling area, project, or order that prevent the system from recognizing it as a legal valuation.
  Missing Settings: The necessary settings for legal valuation might be missing in the project or order master data.
  Period Closing: The error can also occur if the period for which you are trying to calculate WIP/RA is closed or