How To Fix KM295 - Plan version & for ledger & has not been defined

KM295 - Overview

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 295

• Message text: Plan version & for ledger & has not been defined

What causes this issue?

In order to be able to transfer the data to plan version &V1&, you must
first create this version for profit center ledger &V2&.

System Response

The plan data was not transferred.

How to fix this error?

Maintain the relevant <DS:TRAN.GCVP>plan version</>.

Error message extract from SAP system. Copyright SAP SE.

KM295 - Details

• The SAP error message KM295, which states "Plan version & for ledger & has not been defined," typically occurs in the context of SAP Controlling (CO) when you are trying to execute a planning transaction or report, and the system cannot find a defined plan version for the specified ledger.
  
  Cause:
  
  Missing Plan Version: The specified plan version for the ledger in question has not been created or activated in the system.
  Incorrect Configuration: The configuration settings for the controlling area or the ledger may not be set up correctly.
  Authorization Issues: The user may not have the necessary authorizations to access the plan version or ledger.
  Data Entry Error: There may be a typographical error in the plan version or ledger specified in the transaction.
  
  
  Solution:
  
  
  Define the Plan Version:
  
  Go to the SAP Easy Access screen.
  Navigate to Controlling -> Cost Center Accounting -> Planning -> Define Plan Versions.
  Check if the plan version for the specified ledger