How To Fix KM389 - Legal valuation assigned to version 0 in controlling area &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 389

• Message text: Legal valuation assigned to version 0 in controlling area &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message KM389 - Legal valuation assigned to version 0 in controlling area & ?

  The SAP error message KM389 indicates that there is an issue with the legal valuation assigned to a version in the controlling area. This error typically arises when the system cannot find a valid legal valuation for the specified version in the controlling area, which can affect financial reporting and analysis.
  Cause:
  
  Missing Legal Valuation: The legal valuation for the specified version is not defined in the controlling area.
  Incorrect Version Assignment: The version being referenced may not be correctly set up or may not correspond to the expected legal valuation.
  Configuration Issues: There may be configuration issues in the controlling area settings or in the version settings that prevent the legal valuation from being recognized.
  
  Solution:
  
  
  Check Version Configuration:
  
  Go to the configuration settings for the controlling area and check the version settings.
  Ensure that the version you are using is correctly defined and that it has a legal valuation assigned.
  
  
  
  Assign Legal Valuation:
  
  If the legal valuation is missing, you will need to assign a legal valuation to the version in the controlling area.
  This can typically be done in the SAP configuration under the controlling area settings.
  
  
  
  Transaction Codes:
  
  Use transaction code OKKP to access the controlling area settings.
  Navigate to the version settings and ensure that the legal valuation is properly assigned.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific steps on how to configure legal valuations and versions in your version of SAP.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to make changes to the controlling area and version settings.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Controlling Area: A controlling area is an organizational unit in SAP that represents a closed system used for cost accounting.
  Legal Valuation: This refers to the method of valuing costs and revenues in compliance with legal requirements.
  Versions in SAP: Versions are used in SAP to manage different scenarios for planning and reporting purposes.
  
  By following these steps, you should be able to resolve the KM389 error and ensure that the legal valuation is correctly assigned to the version in your controlling area.