How To Fix KD029 - Enter an existing cost object

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 029

• Message text: Enter an existing cost object

What causes this issue?

You have tried to create a settlement rule for cost object &V1&.
However, the cost object does not exist.

How to fix this error?

Start the function again with an existing cost object.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KD029 - Enter an existing cost object ?

  The SAP error message KD029, which states "Enter an existing cost object," typically occurs in the context of controlling (CO) modules, particularly when dealing with cost center accounting, internal orders, or project systems. This error indicates that the system is expecting a valid cost object (such as a cost center, internal order, or project) to be entered, but the provided cost object does not exist in the system.
  
  Cause:
  
  Non-Existent Cost Object: The cost object you are trying to enter does not exist in the system. This could be due to a typo or because the cost object has not been created yet.
  Incorrect Status: The cost object may exist but is not active or is in a status that does not allow it to be used for the transaction you are attempting.
  Authorization Issues: The user may not have the necessary authorizations to access the cost object.
  Data Entry Error: There may be an