How To Fix KF029 - No layered price exists for controlling object "&1"

SAP Error Message - Details

• Message type: E = Error

• Message class: KF -

• Message number: 029

• Message text: No layered price exists for controlling object "&1"

What causes this issue?

The transfer of prices (split across cost components) is activated for
allocating activities to CO-PA. However, no split price exists for
object "&V1&".
It may be that the transfer of split prices was activated AFTER the
prices were determined as opposed to BEFORE.

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?

Execute price calculation for the affected objects first before
performing the transfer.

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 KF029 - No layered price exists for controlling object "&1" ?

  The SAP error message KF029 "No layered price exists for controlling object '&1'" typically occurs in the context of controlling (CO) when you are trying to execute a transaction that requires a price or cost estimate for a specific controlling object, such as a cost center, internal order, or project. This error indicates that the system cannot find a valid layered price for the specified controlling object.
  Cause:
  
  Missing Layered Price: The most common cause is that there is no layered price defined for the controlling object in question. Layered prices are used in various CO transactions to determine costs based on different layers of pricing.
  Incorrect Configuration: The configuration for the controlling area or the specific object may not be set up correctly, leading to the absence of a layered price.
  Data Not Updated: The necessary data may not have been updated or maintained in the system, which can happen if the price calculation has not been executed or if the relevant master data is incomplete.
  Period Issues: The error may also arise if you are trying to access a price for a period where no prices have been defined.
  
  Solution:
  
  Check Layered Prices: Verify if a layered price exists for the controlling object. You can do this by navigating to the relevant transaction (e.g., CK11N for cost estimates) and checking if the price is maintained.
  Maintain Layered Prices: If no layered price exists, you will need to create or maintain the layered price for the controlling object. This can typically be done through the transaction codes related to cost estimates or pricing (e.g., CK11N, CK40N).
  Review Configuration: Ensure that the configuration for the controlling area and the specific object is correct. This may involve checking the settings in the controlling module (transaction code OKKP for controlling area settings).
  Update Master Data: Make sure that all relevant master data is complete and up to date. This includes cost centers, internal orders, and any other related objects.
  Check Period Settings: Ensure that you are working within the correct period and that the necessary prices have been defined for that period.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CK11N (Create Cost Estimate), CK40N (Change Cost Estimate), and OKKP (Controlling Area Settings).
  Documentation: Refer to SAP documentation or help files for detailed instructions on maintaining layered prices and configuring controlling objects.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or solutions specific to your version of SAP.
  User Authorization: Ensure that you have the necessary authorizations to view and maintain prices and cost estimates in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the controlling module.