How To Fix FINS_RECON746 - Cost element &1 missing in controlling area &2 for chart of accounts &3

FINS_RECON746 - Overview

• Message type: E = Error

• Message class: FINS_RECON - SAP S/4HANA Finance Migration: Reconciliation

• Message number: 746

• Message text: Cost element &1 missing in controlling area &2 for chart of accounts &3

Self-Explanatory Message

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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_RECON746 - Cost element &1 missing in controlling area &2 for chart of accounts &3 ?

  The SAP error message FINS_RECON746 indicates that a specific cost element is missing in the controlling area for a given chart of accounts. This error typically arises during financial postings or when trying to execute certain transactions that involve cost elements.
  
  Cause:
  
  Cost Element Not Defined: The cost element specified in the error message has not been created or defined in the controlling area.
  Incorrect Configuration: The cost element may exist, but it is not assigned to the specified controlling area or chart of accounts.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing configurations.
  Chart of Accounts Issues: The chart of accounts being used may not be properly linked to the controlling area or cost element.
  
  
  Solution:
  
  
  Check Cost Element Configuration:
  
  Go to the transaction code KA01 (Create Cost Element) or KA02 (Change Cost Element) to verify if the cost element exists in the controlling area.
  If it does not