How To Fix IK005 - Order & has no costs: Only revenue determined

SAP Error Message - Details

• Message type: E = Error

• Message class: IK - Messages for Maintenance and Display of Costs in PM Order

• Message number: 005

• Message text: Order & has no costs: Only revenue determined

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message IK005 - Order & has no costs: Only revenue determined ?

  The SAP error message IK005 ("Order & has no costs: Only revenue determined") typically occurs in the context of internal orders or cost objects in SAP when there is an attempt to settle an order that has not incurred any costs, but has generated revenue. This situation can arise in various scenarios, such as when an order is created for a project or service that has not yet incurred any expenses.
  Cause:
  
  No Costs Recorded: The internal order has not had any costs posted to it. This can happen if the order is new and no expenses have been charged to it yet.
  Revenue Recognition: The system recognizes revenue associated with the order, but since there are no costs, it triggers this error.
  Incorrect Configuration: There may be issues with the configuration of the order type or the settlement rules that prevent costs from being recorded properly.
  Timing Issues: If costs are expected to be posted in the future but have not yet been recorded, this error may occur during the settlement process.
  
  Solution:
  
  Post Costs: Ensure that costs are posted to the internal order. This can be done by charging expenses to the order through various transactions (e.g., using transaction codes like KB21N for manual postings).
  Check Order Status: Verify the status of the order to ensure it is set up correctly and is active. If the order is closed or completed, it may not allow further postings.
  Review Configuration: Check the configuration settings for the order type in the SAP system. Ensure that the settings allow for cost postings and that the settlement rules are correctly defined.
  Settlement Process: If the order is intended to be settled, ensure that the settlement process is correctly configured and that it aligns with the financial reporting requirements.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to your organization's configuration and processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KO02: Change Order
  KO03: Display Order
  KOB1: Order Line Item Display
  KSU5: Settle Orders
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that the user has the necessary authorizations to post costs and settle orders.
  Training: Consider training for users involved in order management and financial postings to minimize errors in the future.
  
  By addressing the underlying causes and following the suggested solutions, you should be able to resolve the IK005 error and proceed with the necessary financial transactions in SAP.