How To Fix G5359 - Substitute cost object is needed for venture &, equity group &

SAP Error Message - Details

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 359

• Message text: Substitute cost object is needed for venture &, equity group &

Whenever cost object analysis, posting by venture, or interest
calculation option is turned on, it is mandatory to have substitute
cost object filled.
Please add the substitute cost object for venture &V1&, equity group
&V2&, recovery indicator &V3& or recovery indicator ' '.
To add the substitute cost object, go to: <DS:TRAN.GJV2>Joint Venture
Master Change</>
Accounting -> Financial Accounting -> Joint Venture
Master Data -> Joint Venture -> Change
Fill in Joint Venture and Company information
Click on Equity Group button
Choose the most current equity group
Click on Substitute Cost Object button
Add Substitute Cost Object

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G5359 - Substitute cost object is needed for venture &, equity group & ?

  The SAP error message G5359 indicates that a substitute cost object is required for a specific venture and equity group. This error typically arises in the context of project accounting or cost accounting when the system is unable to find a valid cost object to substitute for the specified venture or equity group.
  Cause:
  
  Missing Configuration: The substitute cost object may not be configured in the system for the specified venture and equity group.
  Data Entry Error: There may be a mistake in the data entry, such as incorrect venture or equity group codes.
  Master Data Issues: The master data for the cost objects may not be properly maintained or linked to the venture and equity group.
  Authorization Issues: The user may not have the necessary authorizations to access the required cost objects.
  
  Solution:
  
  Check Configuration: Verify that the substitute cost object is correctly configured in the system. This may involve checking the settings in the controlling (CO) module.
  Review Data Entry: Ensure that the venture and equity group codes entered are correct and correspond to existing records in the system.
  Maintain Master Data: If the substitute cost object is missing, you may need to create or update the relevant master data records to include the necessary cost objects.
  Authorization Check: Ensure that the user has the appropriate authorizations to access the cost objects related to the venture and equity group.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on configuring substitute cost objects in your version of SAP.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as KP26 (Change Plan Data) or KSB1 (Cost Centers: Actual Line Items) to review and manage cost objects.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the root cause of the G5359 error and implement the necessary solutions to resolve it.