How To Fix J2721 - &4 No permitted cost elements in chart of accounts &1 for CO area &2

SAP Error Message - Details

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 721

• Message text: &4 No permitted cost elements in chart of accounts &1 for CO area &2

What causes this issue?

The chart of accounts &V1& entered for the controlling area &V2& either
does not exist or no permitted cost elements have been entered in this
chart of accounts for the update of bank results to Profit Center
Accounting.
The permitted cost element categories are:
,,'01', '03', '04' and '22' (for costs)
and,,'11' and '12' (for revenues).

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

System Response

The system cannot assign cost elements to the value fields for
controlling area &V1&.

How to fix this error?

Maintain the chart of accounts and cost elements in Customizing.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message J2721 - &4 No permitted cost elements in chart of accounts &1 for CO area &2 ?

  The SAP error message J2721 indicates that there are no permitted cost elements in the specified chart of accounts for the controlling area. This typically occurs when you are trying to post costs or perform a transaction that requires a cost element, but the system cannot find any valid cost elements associated with the specified chart of accounts.
  
  Cause:
  
  Missing Cost Elements: The cost elements that you are trying to use are not defined in the chart of accounts for the controlling area.
  Incorrect Configuration: The configuration of the controlling area or the chart of accounts may not be set up correctly.
  Inactive Cost Elements: The cost elements may exist but are inactive or not assigned to the relevant chart of accounts.
  Authorization Issues: There may be authorization issues preventing access to the cost elements.
  
  
  Solution:
  
  
  Check Cost Element Configuration:
  
  Go to the transaction code KA01 (Create Cost Element) or KA02 (Change Cost Element) to verify if the