How To Fix KM555 - The profit center valuation is mandatory

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM555 - The profit center valuation is mandatory ?

  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 error, you can take the following steps:
  
  
  Check the Transaction: Ensure that the transaction you are trying to post includes a valid profit center. If it is missing, you need to assign a profit center.
  
  
  Review Master Data:
  
  Check the master data for the relevant cost centers, internal orders, or other objects involved in the transaction to ensure that they have a profit center assigned.
  If necessary, update the master data to include the appropriate profit center.
  
  
  
  Configuration Settings:
  
  Review the configuration settings in the SAP system related to Profit Center Accounting. Ensure that the settings align with your business requirements and that profit center valuation is correctly configured.
  You can access the configuration settings through the following path: 
  
  SPRO ? Financial Accounting ? Controlling ? Profit Center Accounting ? Master Data ? Define Profit Center Valuation.
  
  
  
  
  
  Consult Documentation: Refer to SAP documentation or help files for specific guidance on the transaction you are attempting to execute, as there may be additional requirements or settings that need to be addressed.
  
  
  Testing: After making the necessary changes, test the transaction again to ensure that the error has been resolved.
  
  
  Related Information:
  
  Profit Center Accounting (PCA): This is a part of SAP's Controlling module that allows organizations to analyze their profitability by different segments, such as products, regions, or departments.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KSB1 (Cost Centers: Actual Line Items) or KE5Z (Profitability Analysis: Line Items) to analyze and troubleshoot issues related to profit centers.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes provided by SAP.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Controlling for further assistance.