How To Fix G5367 - Cost Object Analysis or posting by venture needed to be on

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 367

• Message text: Cost Object Analysis or posting by venture needed to be on

When the balanced by ventures option is on , the user should have cost
object analysis or posting by venture option to be turned on. The
reason is that only if either of these two options is turned on, will
the venture information be captured. These venture information will
added into the inter-venture transfer posting.
On the other hand, if none of these two options are turned on, no
inter-venture transfer will be captured and corporate venture will be
used for the posting. As a result, all the posting will be doned as
balanced by corporate venture.
In this case, since the system has checked that this company &V1& has
balanced by ventures option turned on, please turn on either cost
object analysis or posting by venture option for more venture detail
posting.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G5367 - Cost Object Analysis or posting by venture needed to be on ?

  The SAP error message G5367 typically indicates that a cost object analysis or posting by venture is required for a specific transaction or process. This error often arises in the context of controlling (CO) and financial accounting (FI) modules when there is a need to assign costs to specific cost objects (like cost centers, internal orders, or projects) or when the system requires a specific configuration for venture accounting.
  Cause:
  
  Missing Configuration: The system may not be configured to allow cost object analysis or posting by venture for the specific transaction type.
  Cost Object Not Specified: The transaction may not have a valid cost object assigned, which is necessary for the posting to be processed.
  Venture Accounting Settings: If the company is using venture accounting, the settings may not be properly configured to allow postings.
  Authorization Issues: The user may not have the necessary authorizations to perform the transaction related to cost object analysis.
  
  Solution:
  
  
  Check Configuration:
  
  Ensure that the relevant configuration for cost object analysis is set up in the controlling area. This includes checking the settings for cost centers, internal orders, and any other relevant cost objects.
  If venture accounting is being used, verify that the necessary settings are in place for venture postings.
  
  
  
  Assign Cost Object:
  
  Make sure that the transaction you are trying to post has a valid cost object assigned. This could involve entering a cost center, internal order, or project number in the relevant fields.
  
  
  
  Review Venture Accounting Settings:
  
  If applicable, review the venture accounting settings in the system to ensure they are correctly configured to allow postings.
  
  
  
  User Authorizations:
  
  Check the user roles and authorizations to ensure that the user has the necessary permissions to perform the transaction.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the error message and related configuration settings.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that relate to cost object analysis (e.g., KSB1 for cost center reports, KO03 for internal order display).
  SAP Notes: Check for any SAP Notes related to error G5367, as they may provide specific fixes or patches.
  Training and Documentation: Ensure that users are trained on the importance of cost object assignments and the implications of venture accounting in SAP.
  
  By addressing the configuration, ensuring proper assignments, and verifying user permissions, you should be able to resolve the G5367 error message in SAP.