How To Fix GP587 - Credit records are missing for cost center/activitiy type &/&

SAP Error Message - Details

• Message type: E = Error

• Message class: GP - FI-SL and CO planning

• Message number: 587

• Message text: Credit records are missing for cost center/activitiy type &/&

What causes this issue?

In activity type planning for cost center/activity type &V1&/&V2&, the
activity prices or the activity price indicator have changed, making it
necessary to revaluate the activity input of all receivers.
However, no credit records were found for cost center &V1& with activity
type &V2&.

System Response

The system cancels processing.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GP587 - Credit records are missing for cost center/activitiy type &/& ?

  The SAP error message GP587 indicates that there are missing credit records for a specific cost center and activity type. This error typically arises in the context of internal orders, cost center accounting, or activity-based costing when trying to allocate costs or perform a transaction that requires credit records.
  Cause:
  
  Missing Master Data: The cost center or activity type may not have been properly set up in the system, leading to missing credit records.
  Incorrect Configuration: The configuration for the cost center or activity type may not be complete or may have errors.
  Period Closing: The period for which you are trying to post may be closed, preventing any new postings or allocations.
  Authorization Issues: The user may not have the necessary authorizations to access the required credit records.
  Data Migration Issues: If data was migrated from another system, there may be inconsistencies or missing records.
  
  Solution:
  
  Check Master Data: Verify that the cost center and activity type are correctly defined in the system. Ensure that the necessary credit records exist for the specified cost center and activity type.
  Review Configuration: Check the configuration settings for the cost center accounting and activity types in the SAP system. Ensure that all necessary settings are in place.
  Open Periods: Ensure that the posting period is open. If it is closed, you may need to open it or post in a different period.
  Authorization Check: Ensure that the user has the necessary authorizations to access and post to the cost center and activity type.
  Data Consistency: If data migration is involved, check for any inconsistencies or missing records and rectify them.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like KS01 (Create Cost Center), KS02 (Change Cost Center), and KP26 (Change Activity Type Planning) to manage cost centers and activity types.
  Reports: Use reports such as S_ALR_87013611 (Cost Centers: Actual/Plan/Variance) to analyze cost center data and identify any discrepancies.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Refer to SAP documentation for detailed information on cost center accounting and activity types.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in controlling (CO) to further investigate the problem.