How To Fix K8071 - Cost element &1 is not planned for fiscal year &2

SAP Error Message - Details

• Message type: E = Error

• Message class: K8 - CO Planning: Messages for Function Group KAPP

• Message number: 071

• Message text: Cost element &1 is not planned for fiscal year &2

What causes this issue?

You want to use cost element &V1& in fiscal year &V2&.
However, this cost element is not available or not completely available
in this fiscal year, or not valid for other reasons (for example,
authorization protection).
Therefore, it cannot be used in fiscal year &V2&.

System Response

The combination cost element / fiscal year &V1&/&V2& is not accepted.

How to fix this error?

Choose "Extras" -> Error log -> Combinations..." to check the error log
or
check the master record of the cost element.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K8071 - Cost element &1 is not planned for fiscal year &2 ?

  The SAP error message K8071 indicates that a specific cost element (denoted as &1) is not planned for the specified fiscal year (denoted as &2). This error typically occurs when you attempt to post costs or perform planning activities for a cost element that has not been set up with a plan for the given fiscal year.
  Cause:
  
  Missing Planning Data: The cost element has not been included in the planning process for the specified fiscal year.
  Incorrect Fiscal Year: The fiscal year you are trying to use may not be the one for which the cost element has been planned.
  Cost Element Configuration: The cost element may not be properly configured in the system to allow planning for the specified period.
  
  Solution:
  
  
  Check Planning Data:
  
  Go to the planning transaction (e.g., KP06 for cost center planning) and verify if the cost element is included in the planning for the specified fiscal year.
  If it is not included, you will need to create a plan for that cost element for the fiscal year in question.
  
  
  
  Create or Adjust Planning:
  
  If the cost element is missing from the plan, you can create a new plan entry for it. This can be done through the planning transactions in SAP.
  Ensure that you enter the correct values for the cost element and fiscal year.
  
  
  
  Verify Fiscal Year Settings:
  
  Ensure that you are working with the correct fiscal year. Check the fiscal year variant settings in the configuration to confirm that the fiscal year you are using is valid.
  
  
  
  Cost Element Configuration:
  
  Check the configuration of the cost element in the system. Ensure that it is set up to allow planning and that it is assigned to the correct cost center or internal order.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on planning and cost element configuration.
  
  
  
  Related Information:
  
  Transaction Codes: KP06 (Cost Center Planning), KP07 (Cost Center Planning - Change), KP08 (Cost Center Planning - Display).
  Cost Element Master Data: You can check the master data for the cost element using transaction code KA03 (Display Cost Element).
  Planning Layouts: Ensure that the planning layouts used in the planning transactions include the relevant cost elements.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in controlling (CO) to further investigate the issue.