How To Fix KM374 - Cost element & does not exist in controlling area &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 374

• Message text: Cost element & does not exist in controlling area &

What causes this issue?

Cost element &V1& does not exist.

System Response

This entry is not allowed.

How to fix this error?

Enter an existing cost element with the correct cost element type:
Internal revenues = Cost element type 80
Change in stock = Cost element type 81
Delivery from profit center = Cost element type 82

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM374 - Cost element & does not exist in controlling area & ?

  The SAP error message KM374 indicates that a specified cost element does not exist in the controlling area you are working with. This error typically arises during the execution of transactions related to cost accounting, such as when trying to post costs or create cost allocations.
  Cause:
  
  Cost Element Not Defined: The cost element you are trying to use has not been created in the specified controlling area.
  Incorrect Controlling Area: The cost element may exist, but it is not assigned to the controlling area you are currently using.
  Typographical Error: There may be a typo in the cost element code you are entering.
  Inactive Cost Element: The cost element might be inactive or not available for the current period.
  
  Solution:
  
  
  Check Cost Element Configuration:
  
  Go to the transaction code KA03 (Display Cost Element) and enter the cost element number and the controlling area to verify if it exists.
  If it does not exist, you will need to create it using transaction code KA01 (Create Cost Element).
  
  
  
  Verify Controlling Area Assignment:
  
  Ensure that the cost element is assigned to the correct controlling area. You can check this in the cost element master data.
  
  
  
  Correct Typographical Errors:
  
  Double-check the cost element code you are entering for any typographical errors.
  
  
  
  Check Activity Status:
  
  Ensure that the cost element is active and available for the period you are trying to post to. You can check this in the cost element master data.
  
  
  
  Consult with Your SAP Administrator:
  
  If you are unsure about the configuration or need to create a new cost element, consult with your SAP administrator or a colleague who manages the controlling area settings.
  
  
  
  Related Information:
  
  Cost Element Types: Understand the different types of cost elements (primary and secondary) and their purposes in controlling.
  Controlling Area Configuration: Familiarize yourself with the configuration of controlling areas in SAP, including how cost elements are assigned to them.
  SAP Documentation: Refer to SAP Help documentation for detailed information on cost element management and controlling area settings.
  
  By following these steps, you should be able to resolve the KM374 error and ensure that the cost elements are correctly set up in your SAP system.