How To Fix KM348 - No data for transfer in company code &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 348

• Message text: No data for transfer in company code &1

What causes this issue?

You have started the transfer of balance sheet items to Profit Center
Accounting in company code &V1&. However, this company code contains no
data for transfer from &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM348 - No data for transfer in company code &1 ?

  The SAP error message KM348 "No data for transfer in company code &1" typically occurs in the context of the SAP Controlling (CO) module, particularly when dealing with cost center accounting, internal orders, or other related financial transactions. This error indicates that there is no data available for the specified company code during a transfer process, which could be due to several reasons.
  Causes:
  
  No Transactions Recorded: There may be no transactions recorded for the specified company code in the relevant period.
  Incorrect Company Code: The company code specified in the transaction may be incorrect or does not exist in the system.
  Data Selection Criteria: The selection criteria used for the transfer may be too restrictive, leading to no data being selected.
  Period Closure: The financial period may be closed, preventing any data from being transferred.
  Configuration Issues: There may be configuration issues in the controlling area or company code settings that prevent data from being transferred.
  
  Solutions:
  
  Check Transactions: Verify that there are indeed transactions recorded for the specified company code in the relevant period. You can do this by checking the relevant reports or transaction logs.
  Verify Company Code: Ensure that the company code specified in the transaction is correct and exists in the system.
  Adjust Selection Criteria: Review and adjust the selection criteria used for the transfer to ensure that it is not too restrictive.
  Open Financial Period: If the financial period is closed, you may need to open it again (if appropriate) to allow for data transfer.
  Review Configuration: Check the configuration settings in the controlling area and company code to ensure they are set up correctly for data transfer.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance related to the transaction you are attempting to execute.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KSV5 (for actual/plan comparison) or KSB1 (for cost center reports) to analyze data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that the user has the necessary authorizations to perform the transfer in the specified company code.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the KM348 error and implement a suitable solution.