How To Fix KM388 - CO area &1 contains no transaction data in multiple valuation approaches

KM388 - Overview

• Message type: E = Error

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

• Message number: 388

• Message text: CO area &1 contains no transaction data in multiple valuation approaches

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

Deactivation of the currency and valuation profile is possible in
controlling area &1.

How to fix this error?

To do so, start the transaction with the setting 'Carry out
Deactivation'.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

KM388 - Details

• The SAP error message KM388 indicates that the specified controlling area (CO area) does not contain any transaction data for the specified valuation approaches. This error typically arises in the context of controlling (CO) and profitability analysis (CO-PA) when trying to execute reports or transactions that require data to be present in the specified CO area.
  
  Cause:
  
  No Transaction Data: The primary cause of this error is that there are no transactions recorded in the specified CO area for the valuation approaches you are trying to access.
  Incorrect CO Area: The CO area specified in the transaction may not be the one where the data is actually recorded.
  Valuation Approach Mismatch: The valuation approach you are trying to use may not be applicable or configured for the specified CO area.
  Data Posting Issues: There may have been issues with data posting, such as missing or incorrect entries that prevent transactions from being recorded.
  
  
  Solution:
  
  Check Transaction Data: