How To Fix KJ317 - Create a cost element for POC profit reduction

SAP Error Message - Details

• Message type: E = Error

• Message class: KJ - Cost Object Controlling for Make-to-Order Production

• Message number: 317

• Message text: Create a cost element for POC profit reduction

What causes this issue?

If you are using the <GL:POC_method>POC method</> to carry out results
analysis, the profit in a period can result in a profit reduction in
the next period due to changed planning data or new actual data. This
business transaction is written under a results analysis cost element.

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?

Create a cost element for profit decrease.
Go into Customizing and enter the number in the "Results analysis
version" table view.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KJ317 - Create a cost element for POC profit reduction ?

  The SAP error message KJ317, "Create a cost element for POC profit reduction," typically occurs in the context of Project System (PS) or Controlling (CO) modules when there is an attempt to post a Profit and Loss (P&L) transaction related to the Percentage of Completion (POC) method without having a corresponding cost element defined for profit reduction.
  Cause:
  
  Missing Cost Element: The primary cause of this error is that the system requires a cost element to be defined for the profit reduction associated with the POC method. This cost element is necessary for the system to correctly account for the profit reduction in the financial statements.
  Configuration Issues: There may be configuration issues in the controlling area or project settings that do not align with the requirements for POC accounting.
  Project Settings: The project may not be set up correctly to handle POC accounting, leading to the inability to process profit reductions.
  
  Solution:
  
  
  Create a Cost Element:
  
  Go to the SAP transaction code KA01 (Create Cost Element).
  Create a new cost element of the type that is required for POC profit reduction. Typically, this would be a primary cost element.
  Ensure that the cost element is assigned to the appropriate cost element group and is active for the relevant controlling area.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the controlling area to ensure that the POC method is correctly set up.
  Check the project definition in the Project System to ensure that it is configured to use POC accounting.
  
  
  
  Assign Cost Element:
  
  After creating the cost element, ensure that it is assigned to the relevant project or cost object in the system.
  
  
  
  Test the Changes:
  
  After making the necessary changes, attempt to post the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files related to POC accounting and cost element creation for more detailed guidance.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KA01: Create Cost Element
  KA02: Change Cost Element
  KA03: Display Cost Element
  CJ20N: Project Builder (to check project settings)
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the Project System or Controlling modules.