How To Fix K8123 - No valuation variant exists in version &1, fiscal year &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 123

• Message text: No valuation variant exists in version &1, fiscal year &2

What causes this issue?

You want to determine a price for a resource in version &V1&, fiscal
year &V2&.
As no valuation variant for the price determination has been stored for
the affected version &V1& in fiscal year &V2&, it is not possible to
determine a price.

System Response

The system uses a resource price of zero for the plan valuation.

How to fix this error?

In version &V1& for fiscal year &V2&, specify a valid valuation
variant.
Process the price determination strategy in Customizing for Cost Center
Accounting.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K8123 - No valuation variant exists in version &1, fiscal year &2 ?

  The SAP error message K8123 indicates that there is no valuation variant defined for the specified version and fiscal year in the Controlling (CO) module. This error typically arises when you are trying to execute a transaction that requires a valuation variant, but the system cannot find one for the specified parameters.
  Cause:
  
  Missing Valuation Variant: The primary cause of this error is that the valuation variant has not been defined for the specified version and fiscal year in the controlling area.
  Incorrect Version or Fiscal Year: The version or fiscal year you are trying to use may not have a corresponding valuation variant set up.
  Configuration Issues: There may be issues in the configuration settings related to the controlling area or the valuation variant itself.
  
  Solution:
  To resolve the K8123 error, you can follow these steps:
  
  
  Check Valuation Variants:
  
  Go to the SAP Easy Access screen and navigate to the configuration for valuation variants.
  Use transaction code OKB9 to check the valuation variants defined for your controlling area.
  Ensure that there is a valuation variant assigned to the specified version and fiscal year.
  
  
  
  Create or Modify Valuation Variant:
  
  If a valuation variant does not exist, you will need to create one. You can do this in the same configuration area (transaction code OKB9).
  If a valuation variant exists but is not assigned to the correct version or fiscal year, you can modify it accordingly.
  
  
  
  Assign Valuation Variant to Version:
  
  Ensure that the valuation variant is assigned to the correct version in the configuration settings. This can be done in the same transaction (OKB9).
  
  
  
  Check for Transport Issues:
  
  If the configuration was recently transported from another system, ensure that the transport was successful and that all necessary objects were included.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on setting up valuation variants and related configurations.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OKB9: Define Valuation Variants
  OKKP: Maintain Controlling Area
  KOB1: Display Actual Line Items
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to valuation variants and error K8123.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the K8123 error and ensure that the necessary valuation variants are in place for your controlling processes.