How To Fix FINS_COSTING_UTIL020 - Valuation variant & for plant & already exists

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_COSTING_UTIL - Error messages occuring in Costing Utilities

• Message number: 020

• Message text: Valuation variant & for plant & already exists

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_COSTING_UTIL020 - Valuation variant & for plant & already exists ?

  The SAP error message FINS_COSTING_UTIL020 indicates that there is an issue with the valuation variant for a specific plant in the system. This error typically arises when you attempt to create or modify a valuation variant that already exists for the specified plant.
  Cause:
  
  Duplicate Valuation Variant: The primary cause of this error is that the valuation variant you are trying to create or modify already exists in the system for the specified plant.
  Configuration Issues: There may be inconsistencies or misconfigurations in the settings related to costing or valuation variants in the system.
  Data Entry Errors: Sometimes, the error can occur due to incorrect data entry or selection of the valuation variant.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Existing Valuation Variants:
  
  Go to the configuration settings in SAP (Transaction code: OKB9 or OKB2).
  Check the list of existing valuation variants for the specified plant to confirm if the variant you are trying to create already exists.
  
  
  
  Modify or Use Existing Variant:
  
  If the valuation variant already exists, you can either modify it as needed or use it instead of creating a new one.
  If you need to make changes, ensure that you have the necessary authorizations to do so.
  
  
  
  Delete Duplicate Variants:
  
  If you find that there are duplicate entries that are not needed, you can delete the unnecessary valuation variants (ensure to back up any important configurations before deletion).
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to costing and valuation variants for additional guidance on proper configuration.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OKB9 (Valuation Variants) and OKB2 (Change Valuation Variants).
  Costing Configuration: Understanding the overall costing configuration in SAP can help prevent similar issues in the future.
  User Authorizations: Ensure that you have the necessary authorizations to create or modify valuation variants in the system.
  
  By following these steps, you should be able to resolve the FINS_COSTING_UTIL020 error and ensure that your valuation variants are correctly configured in SAP.