How To Fix KM556 - An invalid default profit center has been found

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 556

• Message text: An invalid default profit center has been found

What causes this issue?

You have set &V2& as the default profit center for account &V1&.
However, this profit center is not valid,

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

System Response

How to fix this error?

Correct the profit center determination under:
<DS:TRAN.3KEH>Additional balance sheet accounts and P&L accounts</> or
<DS:TRAN.3KEI>Default assignment to a profit center</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM556 - An invalid default profit center has been found ?

  The SAP error message KM556, which states "An invalid default profit center has been found," typically occurs in the context of controlling (CO) or financial accounting (FI) when the system encounters a profit center that is not valid or not properly configured. This can happen during various transactions, such as posting documents or running reports.
  Causes:
  
  Invalid Profit Center: The profit center specified in the transaction does not exist in the system or has been deleted.
  Inactive Profit Center: The profit center may be inactive or not available for the current fiscal year.
  Missing Master Data: The profit center master data may not be properly maintained or may be missing required information.
  Configuration Issues: There may be issues with the configuration settings related to profit centers in the controlling module.
  Transaction Data Issues: The transaction data being processed may reference a profit center that is not linked to the relevant cost center or internal order.
  
  Solutions:
  
  
  Check Profit Center Master Data:
  
  Go to the transaction code KE52 (Change Profit Center) or KE53 (Display Profit Center) to verify if the profit center exists and is active.
  Ensure that the profit center is valid for the relevant fiscal year.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the controlling module to ensure that profit centers are correctly set up.
  Use transaction code OKKP to review the settings related to profit center accounting.
  
  
  
  Update Transaction Data:
  
  If the error occurs during a specific transaction, review the transaction data to ensure that the correct profit center is being used.
  If necessary, update the transaction to reference a valid profit center.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the validity of a profit center or how to resolve the issue, consult with your finance or controlling team for assistance.
  
  
  
  Check for Authorizations:
  
  Ensure that you have the necessary authorizations to access and modify profit center data.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  KE52 / KE53: Change/Display Profit Center
  OKKP: Controlling Area Settings
  KSB1: Report for Cost Centers
  KOB1: Report for Orders
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on profit center accounting and related configuration settings.
  
  
  SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address specific issues related to error KM556.
  
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.