How To Fix KK707 - Cost estimate could not be revalued. See error log

KK707 - Overview

• Message type: E = Error

• Message class: KK -

• Message number: 707

• Message text: Cost estimate could not be revalued. See error log

What causes this issue?

The cost estimate could not be revaluated because errors occurred.

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?

Please display the error log (GOTO menu option) and correct the
errors listed there.

Error message extract from SAP system. Copyright SAP SE.

KK707 - Details

• The SAP error message KK707, which states "Cost estimate could not be revalued. See error log," typically occurs during the revaluation of cost estimates in the Controlling (CO) module, particularly when dealing with product costing. This error indicates that there was an issue during the revaluation process, and the system was unable to complete the operation.
  Causes of Error KK707
  
  Missing or Incorrect Data: The cost estimate may be missing required data or may contain incorrect data that prevents revaluation.
  Locked Objects: The cost estimate or related objects may be locked by another user or process, preventing the revaluation from being completed.
  
  Configuration Issues: There may be configuration issues in the controlling area or in the cost estimate settings that need to be addressed.
  Currency Issues: If there are currency conversion issues or if the currency settings are not properly configured, this can lead to revaluation failures.
  Costing Variants: The costing variant used may not be