How To Fix K4503 - Valuation rule & not found

K4503 - Overview

• Message type: E = Error

• Message class: K4 - Order settlement configuration tables

• Message number: 503

• Message text: Valuation rule & not found

What causes this issue?

Rule &V1& for automatic valuation of user-defined characteristics does
not exist.

System Response

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

How to fix this error?

Enter rule &V1& in table TKLCO or use an existing rule.
<DS:TRAN.SM31>Table maintenance</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K4503 - Valuation rule & not found ?

  The SAP error message K4503, which states "Valuation rule & not found," typically occurs in the context of controlling (CO) and profitability analysis (CO-PA) when the system cannot find a specified valuation rule for a particular transaction or configuration.
  
  Cause:
  
  Missing Valuation Rule: The most common cause is that the valuation rule specified in the configuration does not exist in the system. This could be due to incorrect configuration or missing entries in the relevant tables.
  Incorrect Configuration: The valuation rule may not have been set up correctly in the controlling area or may not be assigned to the relevant characteristics.
  Data Inconsistency: There may be inconsistencies in the master data or transaction data that lead to the system being unable to find the appropriate valuation rule.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the valuation rules.
  
  
  Solution:
  
  
  Check Valuation Rules: Go to the configuration settings in SAP and verify that