How To Fix FIN_CFIN029 - Cost element assigned to account &1 must have cost element category '01'.

SAP Error Message - Details

• Message type: E = Error

• Message class: FIN_CFIN - Central Finance integration

• Message number: 029

• Message text: Cost element assigned to account &1 must have cost element category '01'.

What causes this issue?

Cost element category '01' (Primary cost/cost-reducing revenues) must be
assigned to G/L accounts used for splitting the Cost of Goods Sold
(COGS). The cost element category '01' is <ZH>not</> assigned to this
G/L account.

System Response

You cannot save your entry.

How to fix this error?

Delete the entry with G/L account. Then create a new relevant entry for
a G/L account assigned to cost element category '01'.

The cost element category is defined in the G/L account master data.

You can maintain the cost element category using transaction KA02 for
the cost element corresponding to the G/L account.

Procedure for System Administrators

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

INCLUDE 'CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIN_CFIN029 - Cost element assigned to account &1 must have cost element category '01'. ?

  The SAP error message FIN_CFIN029 indicates that a cost element is assigned to a specific account, but it does not have the required cost element category '01'. This error typically arises in the context of financial accounting and controlling, particularly when dealing with cost elements in SAP.
  Cause:
  The error occurs because:
  
  The cost element assigned to the account is not categorized correctly. In SAP, cost elements are classified into different categories, and category '01' is specifically for primary cost elements that are used for direct costs.
  The account in question expects a primary cost element, but the assigned cost element is of a different category (e.g., secondary cost elements, which are used for internal allocations).
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Cost Element Configuration:
  
  Go to the transaction code KA03 (Display Cost Element) and enter the cost element number that is causing the error.
  Verify the cost element category. If it is not '01', you will need to create a new cost element with the correct category.
  
  
  
  Create a New Cost Element:
  
  If the cost element needs to be changed to category '01', you can create a new cost element with the correct category using transaction code KA01 (Create Cost Element).
  Ensure that you select the correct cost element category during the creation process.
  
  
  
  Reassign the Cost Element:
  
  After creating the new cost element, reassign it to the relevant account that requires a primary cost element.
  
  
  
  Review Account Configuration:
  
  Check the account configuration in the General Ledger (transaction code FS00) to ensure that it is set up to accept primary cost elements.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  
  Cost Element Categories:
  
  '01' - Primary cost elements (direct costs).
  '21' - Secondary cost elements (used for internal allocations).
  Other categories exist for different purposes, such as statistical or internal cost allocations.
  
  
  
  Transaction Codes:
  
  KA01: Create Cost Element
  KA02: Change Cost Element
  KA03: Display Cost Element
  FS00: General Ledger Account Master Data
  
  
  
  Documentation:
  
  Refer to SAP Help documentation for detailed information on cost element categories and their usage in financial accounting and controlling.
  
  
  
  By following these steps, you should be able to resolve the FIN_CFIN029 error and ensure that the cost elements are correctly configured for your financial transactions.