How To Fix FI660 - Maintain default cost element in controlling area &

FI660 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 660

• Message text: Maintain default cost element in controlling area &

What causes this issue?

CO down payment update is active in controlling area &V1&. You must
therefore maintain a default cost element and a default revenue element
for down payments.

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?

Maintain the default cost elements for down payments for controlling
area &V1& in the Project System implementation guide.
<DS:SIMG.SIMG_OLPR_OKEP>More information</>

Error message extract from SAP system. Copyright SAP SE.

FI660 - Details

• The SAP error message FI660, which states "Maintain default cost element in controlling area," typically occurs when a default cost element has not been defined for a specific controlling area in the system. This can prevent the posting of certain financial transactions, particularly those related to cost accounting.
  
  Cause:
  The error arises when:
  
  A default cost element is not assigned to the controlling area in the configuration settings.
  The system requires a default cost element for certain postings, and it cannot find one.
  
  
  Solution:
  To resolve this error, you need to maintain the default cost element for the controlling area. Here are the steps to do this:
  
  
  Access the SAP GUI: Log in to your SAP system.
  
  
  Navigate to the Configuration:
  
  Go to the transaction code OKB2 (or navigate through the menu: Controlling -> Cost Element Accounting -> Master Data -> Cost Elements -> Maintain Default Cost Element).
  
  
  
  Select the Controlling Area:
  
  Enter the controlling area for which you want to