How To Fix KI205 - Cost accounting is not active in company code &

KI205 - Overview

• Message type: E = Error

• Message class: KI -

• Message number: 205

• Message text: Cost accounting is not active in company code &

What causes this issue?

No controlling area assignment type was defined for company code &V1&.
Postings from FI are not updated in CO.

How to fix this error?

To update the FI postings in CO, you must assign a controlling area to
company code &V1&. To do so, use controlling area maintenance.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message KI205 - Cost accounting is not active in company code & ?

  The SAP error message KI205 indicates that cost accounting is not active for the specified company code. This typically occurs when you attempt to perform a transaction related to cost accounting (such as posting a cost center or internal order) in a company code where cost accounting has not been properly configured or activated.
  
  Cause:
  
  Cost Accounting Not Activated: The most common cause is that cost accounting has not been activated for the specified company code in the system settings.
  
  Configuration Issues: There may be configuration issues in the controlling area or company code settings that prevent cost accounting from being active.
  Missing Authorizations: In some cases, the user may not have the necessary authorizations to access cost accounting features.
  
  
  Solution:
  To resolve the KI205 error, follow these steps:
  
  
  Activate Cost Accounting:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > SAP Reference IMG.
  Follow the path: Controlling > General Controlling > Activate Controlling.
  Ensure