How To Fix KD007 - Create plan versions in controlling area &

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 007

• Message text: Create plan versions in controlling area &

What causes this issue?

No plan versions are defined in controlling area &V1&.

How to fix this error?

Create plan versions.
Note that a planned settlement is only possible in a version that is
plan integrated with Cost Center Accounting. A plan data transfer, on
the other hand, is only possible in a non-plan integrated version. You
can specify the plan integration with Cost Center Accounting according
to plan version, controlling area, and fiscal year.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message KD007 - Create plan versions in controlling area & ?

  The SAP error message KD007, which states "Create plan versions in controlling area &," typically occurs in the context of planning in the Controlling (CO) module of SAP. This error indicates that there is no plan version created for the specified controlling area, which is necessary for executing planning functions.
  Cause:
  
  No Plan Version Exists: The primary cause of this error is that there is no plan version defined for the controlling area you are trying to work with.
  Incorrect Configuration: The controlling area may not be properly configured to allow for planning activities.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access or create plan versions.
  
  Solution:
  To resolve the KD007 error, you can follow these steps:
  
  
  Create a Plan Version:
  
  Go to the transaction code OKKP (or navigate through the menu: Controlling -> General Controlling -> Master Data -> Plan Versions).
  In the "Plan Versions" screen, create a new plan version for the relevant controlling area.
  Ensure that you specify the correct controlling area and provide a unique version number.
  
  
  
  Check Configuration:
  
  Ensure that the controlling area is correctly set up for planning. This includes checking the settings in the controlling area configuration (transaction code OKKS).
  Verify that the planning settings are appropriate for your business requirements.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to create and manage plan versions. This may involve checking roles and authorizations in the user profile.
  
  
  
  Consult Documentation:
  
  If you are unsure about the steps or the configuration, refer to the SAP documentation or consult with your SAP Basis or CO module expert.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OKKP: Create/Change Plan Versions
  OKKS: Controlling Area Settings
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to planning versions and the KD007 error.
  User Manuals: Refer to user manuals or training materials specific to your organization for additional guidance on planning in SAP CO.
  
  By following these steps, you should be able to resolve the KD007 error and successfully create plan versions in the specified controlling area.