How To Fix FCOM_MONITOR017 - Cost element &1 in controlling area &2 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FCOM_MONITOR - Messages for Variance Monitor

• Message number: 017

• Message text: Cost element &1 in controlling area &2 does not exist

What causes this issue?

The cost element was not found in the specified controlling area.
Choose multiple selection again for the cost element and use F4 to
select an existing cost element.

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?

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 FCOM_MONITOR017 - Cost element &1 in controlling area &2 does not exist ?

  The SAP error message FCOM_MONITOR017 indicates that a specific cost element does not exist in the specified controlling area. This error typically arises in the context of financial accounting and controlling when trying to perform operations related to cost elements, such as posting costs or analyzing cost reports.
  Cause:
  
  Non-Existent Cost Element: The cost element specified in the error message is not defined in the controlling area mentioned.
  Incorrect Configuration: The cost element may not have been created or activated in the controlling area.
  Data Entry Error: There may be a typo or incorrect entry in the cost element or controlling area.
  Transport Issues: If the cost element was recently created in a different environment (like development) and not transported correctly to the production environment, it may not exist in the target environment.
  
  Solution:
  
  
  Check Cost Element Configuration:
  
  Go to the SAP transaction code KA03 (Display Cost Element) and enter the cost element and controlling area to verify if it exists.
  If it does not exist, you may need to create it using transaction code KA01 (Create Cost Element).
  
  
  
  Create Cost Element:
  
  If the cost element is missing, create it in the appropriate controlling area. Ensure that you have the necessary authorizations to create cost elements.
  
  
  
  Verify Data Entry:
  
  Double-check the entries for the cost element and controlling area in the transaction or report you are using to ensure there are no typos or incorrect values.
  
  
  
  Transport Issues:
  
  If the cost element was created in a different environment, ensure that the transport request has been successfully moved to the production environment.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or configuration guides to ensure that the cost element is set up correctly according to your organization's financial structure.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Cost Elements: Cost elements are used in controlling to categorize costs and revenues. They can be primary (directly linked to financial accounting) or secondary (used for internal cost allocation).
  Controlling Area: A controlling area is an organizational unit in SAP that represents a closed system for cost accounting. It can contain one or more company codes.
  Transaction Codes:
  
  KA01: Create Cost Element
  KA02: Change Cost Element
  KA03: Display Cost Element
  KAH1: Create Cost Element Group
  KAH2: Change Cost Element Group
  KAH3: Display Cost Element Group
  
  
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solution.