How To Fix KM477 - The costing type of this costing variant is for the wrong valuation

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 477

• Message text: The costing type of this costing variant is for the wrong valuation

What causes this issue?

The costing type entered for the costing variant must contain a profit
center valuation for a material.

System Response

You cannot continue processing.

How to fix this error?

Choose a costing variant with a suitable costing type.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM477 - The costing type of this costing variant is for the wrong valuation ?

  The SAP error message KM477 indicates that there is a mismatch between the costing type defined in the costing variant and the valuation type of the material or the object being costed. This typically occurs in the context of product costing or cost planning in SAP.
  Cause:
  
  
  Costing Variant Configuration: The costing variant may be configured with a costing type that does not match the valuation type of the material. For example, if the costing variant is set up for a specific valuation type (like standard costing), but the material is set up for a different valuation type (like moving average), this error will occur.
  
  
  Material Master Settings: The material master record may have a valuation type that is not compatible with the costing type defined in the costing variant.
  
  
  Costing Type Assignment: The costing type assigned to the costing variant may not be appropriate for the type of valuation being used in the material or product.
  
  
  Solution:
  
  
  Check Costing Variant Configuration:
  
  Go to the configuration of the costing variant (Transaction code: OKKN).
  Verify the costing type assigned to the costing variant and ensure it matches the valuation type of the materials you are trying to cost.
  
  
  
  Review Material Master Data:
  
  Check the material master record (Transaction code: MM03) for the material in question.
  Look at the accounting view and ensure that the valuation type is compatible with the costing type in the costing variant.
  
  
  
  Adjust Costing Type:
  
  If necessary, adjust the costing type in the costing variant to match the valuation type of the materials you are working with.
  
  
  
  Use the Correct Valuation:
  
  If you are trying to cost a material with a specific valuation type, ensure that you are using a costing variant that is designed for that valuation type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance on configuring costing variants and types.
  
  
  
  Related Information:
  
  Costing Variants: These are used in SAP to define how costs are calculated for materials and products. They include settings for costing types, valuation methods, and other parameters.
  Valuation Types: In SAP, valuation types are used to differentiate between different methods of valuing inventory (e.g., standard price, moving average price).
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OKKN: Costing variant configuration
  MM03: Display material master
  CK11N: Create cost estimate with quantity structure
  
  
  
  By following these steps, you should be able to resolve the KM477 error and successfully perform the costing operation in SAP.