How To Fix KM460 - Valuation method &1 does not exist in currency and valuation profile &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 460

• Message text: Valuation method &1 does not exist in currency and valuation profile &2

What causes this issue?

You want to store the valuation view &V1& ( &V4& ) in Profit Center
Accounting.
Currency and valuation profile &V2& is assigned to controlling area
&V2&. This profile does not contain the valuation view &V1&.

System Response

Valuation view &V1& is not allowed.

How to fix this error?

Assign a profile that contains the valuatiiton view &V1& ( &V4& ) to
the controlling area.
<DS:TRAN.OKKP>Proceed</>
<DS:TRAN.8KEM>Maintain the currency and valuation profile</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM460 - Valuation method &1 does not exist in currency and valuation profile &2 ?

  The SAP error message KM460 indicates that there is an issue with the valuation method specified in the currency and valuation profile. This error typically arises in the context of Asset Accounting (FI-AA) or Material Ledger (ML) when the system cannot find a valid valuation method for the specified currency and valuation profile.
  
  Cause:
  
  Missing Valuation Method: The valuation method you are trying to use does not exist in the specified currency and valuation profile.
  Incorrect Configuration: The configuration for the currency and valuation profile may not be set up correctly in the system.
  Profile Assignment: The valuation profile may not be correctly assigned to the company code or the asset class.
  Data Entry Error: There may be a typo or incorrect entry in the transaction where the error is occurring.
  
  
  Solution:
  
  
  Check Valuation Method:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Valuation > Define Valuation Methods.
  Ensure