How To Fix KE347 - Costing variant & does not exist in the system

SAP Error Message - Details

• Message type: E = Error

• Message class: KE -

• Message number: 347

• Message text: Costing variant & does not exist in the system

What causes this issue?

In Profitability Analysis (CO-PA), the system tried to valuate a line
item by reading a product cost estimate with the
<DS:GLOS.costing_variant>costing variant</> <ZH>&V1&</>. This costing
variant has not been maintained in
<DS:SIMG.SIMG_CFMENUORKKOKKN>Customizing for Product Cost
Controlling</> (Table TCK03).
The system tried to find the product cost estimate for the product
<ZH>"&V2&"</> for costing key <ZH>&V3&</> as defined in the
<DS:SIMG.SIMG_CFMENUORKEKE40>CO-PA Customizing settings</>.

System Response

The document cannot be processed.

How to fix this error?

Contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KE347 - Costing variant & does not exist in the system ?

  The SAP error message KE347 indicates that the costing variant specified in a transaction does not exist in the system. This error typically occurs in the context of controlling (CO) when trying to execute a transaction that requires a costing variant, such as during the execution of a cost estimate or when performing a profitability analysis.
  Cause:
  
  Missing Costing Variant: The most common cause is that the costing variant you are trying to use has not been defined in the system.
  Incorrect Configuration: The costing variant may be incorrectly configured or not assigned to the relevant controlling area or company code.
  Authorization Issues: The user may not have the necessary authorizations to access the costing variant.
  Typographical Error: There may be a typographical error in the costing variant name or code entered in the transaction.
  
  Solution:
  
  
  Check Costing Variant Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Controlling > Product Cost Controlling > Costing > Costing Variants.
  Verify if the costing variant you are trying to use exists. If it does not, you may need to create it.
  
  
  
  Create a New Costing Variant:
  
  If the costing variant is missing, you can create a new one by following the configuration steps in SPRO.
  Ensure that you define all necessary parameters for the costing variant.
  
  
  
  Assign Costing Variant:
  
  Ensure that the costing variant is assigned to the relevant controlling area or company code.
  Check the settings under Controlling > Product Cost Controlling > Costing > Costing Variants > Assign Costing Variants to Controlling Areas.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the costing variant. This can be checked with the help of your SAP security team.
  
  
  
  Verify Input:
  
  Double-check the input for any typographical errors in the costing variant name or code.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  SPRO (to access configuration settings)
  CK11N (to create a cost estimate)
  KKS1 (to execute a cost estimate)
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on costing variants and their configuration.
  
  
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  By following these steps, you should be able to resolve the KE347 error and successfully use the required costing variant in your SAP system.