How To Fix KE0C057 - Currency and valuation profile &1 does not contain the profit center view

SAP Error Message - Details

• Message type: E = Error

• Message class: KE0C - CO-PA: Customizing checks

• Message number: 057

• Message text: Currency and valuation profile &1 does not contain the profit center view

What causes this issue?

The currency and valuation profile &V1& does not have a profit center
valuation view.

System Response

It is only possible to activate the profit center valuation in CO-PA
after it has been assigned to the currency and valuation profile of the
controlling area as a valuation view.

How to fix this error?

Add the profit center valuation into the currency and valuation profile
&V1& as a valuation view. You can maintain currency and valuation
profiles in the IMG under "Controlling -> General Controlling ->
Multiple Valuation Approaches/Transfer Prices ->
<DS:SIMG.SIMG_ORK38KEM>Maintain Currency and Valuation Profile"</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KE0C057 - Currency and valuation profile &1 does not contain the profit center view ?

  The SAP error message KE0C057 indicates that the currency and valuation profile specified does not include the profit center view. This error typically occurs in the context of controlling (CO) when you are trying to perform activities related to profit center accounting, such as creating or modifying a profit center or when executing reports that require profit center data.
  Cause:
  
  Missing Configuration: The currency and valuation profile you are using does not have the profit center view configured. This can happen if the profile was set up without including the necessary views for profit center accounting.
  Incorrect Profile Assignment: The profile assigned to the controlling area or the specific transaction may not be the correct one that includes the profit center view.
  Data Entry Error: There may be a mistake in the data entry where the wrong profile is being referenced.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the currency and valuation profile in the SAP system.
  Navigate to the path: SPRO > Controlling > Profit Center Accounting > Master Data > Define Currency and Valuation Profiles.
  Ensure that the profile you are using includes the profit center view. If it does not, you may need to create a new profile or modify the existing one to include the profit center view.
  
  
  
  Assign the Correct Profile:
  
  Verify that the correct currency and valuation profile is assigned to the controlling area or the relevant master data.
  You can check this in the controlling area settings or in the master data settings for profit centers.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to currency and valuation profiles to ensure that you are following the correct procedures.
  
  
  
  Testing:
  
  After making changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OKB9 to check and maintain currency and valuation profiles.
  Profit Center Accounting: Understanding how profit center accounting works in SAP can help in troubleshooting related issues.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further assistance, as they may have more insights into the specific configuration of your SAP environment.