How To Fix KM462 - Assignment to valuation &2 (&3) is not permitted

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 462

• Message text: Assignment to valuation &2 (&3) is not permitted

What causes this issue?

You tried to assign valuation method &V2& (&V3&) to controlling area
&V1&, but you have not yet assigned a currency and valuation profile.

System Response

You cannot assign the valuation method &V2& (&V3&).

How to fix this error?

Assign valuation method 0 (legal valuation), or assign this controlling
area a currency and valuation profile that contains the valuation
method &V2& (&V3&).
<DS:TRAN.OKKP>Assign controlling area</>
<DS:TRAN.8KEM>Maintain 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 KM462 - Assignment to valuation &2 (&3) is not permitted ?

  The SAP error message KM462, which states "Assignment to valuation &2 (&3) is not permitted," typically occurs in the context of controlling (CO) and profitability analysis (CO-PA) when there is an issue with the assignment of a cost element or a valuation method to a specific valuation area or object.
  Cause:
  
  Incorrect Configuration: The error often arises due to incorrect configuration settings in the controlling area or valuation settings. This could involve the assignment of cost elements to a valuation method that is not allowed.
  Valuation Area Restrictions: The valuation area may have restrictions that prevent certain assignments. For example, if a cost element is not allowed for a specific valuation type or if it is not assigned to the correct controlling area.
  Master Data Issues: There may be issues with the master data, such as the cost center or internal order not being properly set up or not being assigned to the correct valuation area.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to perform the assignment, leading to this error.
  
  Solution:
  
  Check Configuration: Review the configuration settings in the controlling area and ensure that the cost elements and valuation methods are correctly assigned. This can be done in the SPRO transaction under the controlling settings.
  Validate Master Data: Ensure that the master data for cost centers, internal orders, and other relevant objects are correctly set up and assigned to the appropriate valuation areas.
  Review Valuation Methods: Check the valuation methods being used and ensure that they are compatible with the cost elements being assigned.
  Authorization Check: Verify that the user has the necessary authorizations to perform the assignment. This can be checked in the user roles and profiles.
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the error message and related configuration settings.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OKB9 (for cost element accounting) or KSV5 (for profitability analysis) to check and adjust settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify the root cause of the KM462 error and implement the necessary changes to resolve it.