How To Fix KM547 - Valuation area &1 is not compatible with company code interval &2 - &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 547

• Message text: Valuation area &1 is not compatible with company code interval &2 - &3

What causes this issue?

You have entered both a valuation area interval and a company code
interval when maintaining the entry for a derivation step.
However, valuation area &V1& does not belong to the company code
interval (&V2& - &V3&). Therefore this entry is not logical.

How to fix this error?

Check your entres for the valuation area interval and the company code.
You should generally avoid using both company codes and valuation areas
as source fields for derivation, since the company code is redundant in
this case.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM547 - Valuation area &1 is not compatible with company code interval &2 - &3 ?

  The SAP error message KM547 indicates that there is a mismatch between the valuation area and the company code interval in the system. This typically occurs in the context of Asset Accounting (FI-AA) or Material Management (MM) when trying to perform transactions that involve asset valuation or inventory valuation.
  Cause:
  The error arises when:
  
  The valuation area (which can be a plant or a company code) is not properly configured to align with the specified company code interval.
  The valuation area is set up to use a different company code than the one being referenced in the transaction.
  There may be inconsistencies in the configuration settings for the valuation area and company codes in the system.
  
  Solution:
  To resolve the KM547 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP for Asset Accounting or Material Management.
  Verify the settings for the valuation area and ensure that it is correctly assigned to the appropriate company codes.
  
  
  
  Transaction Codes:
  
  Use transaction code OBY6 to check the company code settings.
  Use transaction code OAYZ to check the valuation area settings.
  
  
  
  Adjust Valuation Area:
  
  If the valuation area is incorrectly assigned, you may need to adjust it to ensure it matches the company code interval.
  Ensure that the valuation area is compatible with the company codes defined in the system.
  
  
  
  Review Master Data:
  
  Check the master data for the assets or materials involved in the transaction to ensure they are correctly assigned to the appropriate valuation area and company code.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Asset Accounting or Material Management for additional guidance on configuration settings.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test transaction to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Valuation Area: In SAP, the valuation area can be defined at the company code level or plant level, depending on how the organization wants to manage its assets or inventory.
  Company Code: A company code is the smallest organizational unit in SAP that represents a legal entity. Each company code can have its own financial statements.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting or Material Management.