How To Fix KK034 - No total value cost estimate exists for reference project &

SAP Error Message - Details

• Message type: E = Error

• Message class: KK -

• Message number: 034

• Message text: No total value cost estimate exists for reference project &

What causes this issue?

No total value cost estimate has been created for the project you
entered as a reference. This means that no data could be transferred
from the project.

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?

Check your entry. Enter a project for which a total value cost
estimate was created.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KK034 - No total value cost estimate exists for reference project & ?

  The SAP error message KK034 indicates that there is no total value cost estimate available for the specified reference project. This error typically occurs in the context of controlling (CO) and project systems (PS) when trying to perform actions that require a cost estimate, such as creating a settlement or executing a report.
  Cause:
  
  Missing Cost Estimate: The primary cause of this error is that a cost estimate has not been created for the reference project. This could be due to oversight or because the project is still in the planning phase.
  Incorrect Project Reference: The project reference provided may be incorrect or does not exist in the system.
  Cost Estimate Not Released: The cost estimate may have been created but not released, making it unavailable for use.
  Project Status: The project may be in a status that does not allow for cost estimates to be created or accessed.
  
  Solution:
  
  
  Create a Cost Estimate: 
  
  Navigate to the cost estimate transaction (e.g., using transaction code CK11N for creating a cost estimate).
  Ensure that you select the correct reference project and enter all necessary data to create the cost estimate.
  After creating the cost estimate, ensure it is saved and released (if applicable).
  
  
  
  Check Project Reference:
  
  Verify that the project reference you are using is correct. You can do this by checking the project in the Project System (using transaction code CJ20N or CJ03).
  Ensure that the project is active and has the necessary configurations.
  
  
  
  Release the Cost Estimate:
  
  If a cost estimate exists but is not released, you can release it using the appropriate transaction (e.g., CK24 for releasing cost estimates).
  
  
  
  Review Project Status:
  
  Check the status of the project to ensure it is in a state that allows for cost estimates to be created and used. If the project is in a locked or inactive state, you may need to change its status.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or consult with your SAP support team for specific configurations or settings that may affect cost estimates in your environment.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  CK11N: Create Cost Estimate
  CK24: Release Cost Estimate
  CJ20N: Project Builder
  CJ03: Display Project
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional troubleshooting steps or patches.
  User Authorizations: Ensure that you have the necessary authorizations to create and manage cost estimates and projects in SAP.
  
  By following these steps, you should be able to resolve the KK034 error and successfully work with cost estimates in your SAP system.