How To Fix FINS_COSTING_UTIL021 - Valuation variant & successfully created for plant &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 021

• Message text: Valuation variant & successfully created for plant &

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_COSTING_UTIL021 - Valuation variant & successfully created for plant & ?

  The SAP error message FINS_COSTING_UTIL021 typically indicates an issue related to the valuation variant in the context of cost accounting or product costing. This error message suggests that there is a problem with the configuration of the valuation variant for a specific plant.
  Cause:
  
  Missing Configuration: The valuation variant may not be properly configured for the specified plant.
  Incorrect Assignment: The valuation variant might not be assigned to the correct controlling area or plant.
  Data Inconsistency: There could be inconsistencies in the master data related to the valuation variant or the plant.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the valuation variant.
  
  Solution:
  
  
  Check Valuation Variant Configuration:
  
  Go to the configuration settings in SAP (Transaction code: OKEV).
  Verify that the valuation variant is correctly defined and assigned to the relevant controlling area and plant.
  
  
  
  Assign Valuation Variant:
  
  Ensure that the valuation variant is assigned to the appropriate plant in the configuration settings.
  If it is missing, you may need to create a new valuation variant or modify an existing one.
  
  
  
  Review Master Data:
  
  Check the master data for the materials and ensure that they are correctly set up with the appropriate valuation variant.
  Use transaction codes like MM03 (Display Material) to review material master data.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and modify the valuation variant.
  Consult with your SAP security team if there are any authorization issues.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that might address this specific error message or provide additional guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OKEV (Valuation Variants), OKEB (Costing Variants), and MM03 (Material Master).
  Documentation: Review SAP documentation related to product costing and valuation variants for a deeper understanding of the configuration process.
  SAP Community: Engage with the SAP Community forums for insights and solutions from other users who may have encountered similar issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with an SAP expert or your internal SAP support team for further assistance.