How To Fix KM555 - The profit center valuation is mandatory

KM555 - Overview

• Message type: E = Error

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

• Message number: 555

• Message text: The profit center valuation is mandatory

What causes this issue?

As the assigned active currency and valuation profile &V1& contains
profit center valuation, this type of valuation is mandatory for Profit
Center Accounting.

System Response

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

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

KM555 - Details

• The SAP error message KM555, which states "The profit center valuation is mandatory," typically occurs in the context of Profit Center Accounting (PCA) when a transaction or posting is attempted without the necessary profit center valuation being specified. This error is often encountered in various financial transactions, such as during the posting of costs or revenues.
  
  Cause:
  The error arises due to the following reasons:
  
  Missing Profit Center: The transaction does not have a profit center assigned, which is required for the valuation.
  
  Configuration Issues: The system may be configured to require profit center valuations for certain types of postings, and the necessary settings may not be in place.
  Master Data Issues: The master data for the relevant cost centers, internal orders, or other objects may not have a profit center assigned.
  Transaction Type: Certain transaction types may inherently require profit center information, and if this is not provided, the error will occur.
  
  
  Solution:
  To resolve the KM555