How To Fix KF028 - Value field "&2" is not defined in operating concern "&1"

SAP Error Message - Details

• Message type: E = Error

• Message class: KF -

• Message number: 028

• Message text: Value field "&2" is not defined in operating concern "&1"

What causes this issue?

Value field "&V2&" is assigned to cost component "&V4&" in cost
component structure "&V3&".
The controlling area in which allocation is to be performed is assigned
to operating concern "&V1&".
However, value field "&V2&" has not be defined in operating concern "
&V1&".

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Assign a valid value field to the cost component "&V4&" in cost
component structure &V3& for operating concern "&V1&".

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KF028 - Value field "&2" is not defined in operating concern "&1" ?

  The SAP error message KF028, which states "Value field '&2' is not defined in operating concern '&1'," typically occurs in the context of Profitability Analysis (CO-PA) when there is an issue with the configuration of value fields in the operating concern.
  Cause:
  
  Missing Value Field Definition: The specified value field (represented by &2) is not defined in the operating concern (represented by &1). This can happen if the value field was deleted or not created in the configuration.
  Incorrect Configuration: The operating concern may not be properly configured to include the value field you are trying to use.
  Data Transfer Issues: If you are trying to transfer data from another module or system, the value field may not have been included in the transfer setup.
  
  Solution:
  
  
  Check Value Field Configuration:
  
  Go to the SAP Easy Access screen and navigate to the configuration for the operating concern.
  Use transaction code KEO1 to check the definition of the operating concern and ensure that the value field in question is defined.
  If the value field is missing, you may need to create it using transaction code KEO2 (to change) or KEO1 (to create).
  
  
  
  Review Data Sources:
  
  If the error occurs during data entry or data transfer, ensure that the source of the data includes the necessary value fields.
  Check the data transfer settings to ensure that the value field is included.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Profitability Analysis and operating concerns to understand the requirements for value fields.
  
  
  
  Testing:
  
  After making changes, perform a test to ensure that the error no longer occurs. This may involve running a report or transaction that previously triggered the error.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  KEO1: Create Operating Concern
  KEO2: Change Operating Concern
  KEO3: Display Operating Concern
  
  
  Profitability Analysis (CO-PA): This module allows for the analysis of profitability by various dimensions such as product, customer, and market segment.
  Value Fields: These are used in CO-PA to store quantitative data related to profitability, such as sales revenue, costs, and margins.
  
  By following these steps, you should be able to identify and resolve the issue related to the KF028 error message in SAP.