How To Fix KM700 - Profit center &1/&2 does not exist for &3

KM700 - Overview

• Message type: E = Error

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

• Message number: 700

• Message text: Profit center &1/&2 does not exist for &3

What causes this issue?

The profit center does not exist in master data table CEPC for the date
specified.

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?

Check your entry. If necessary, you must create the profit center
for the date required.

Error message extract from SAP system. Copyright SAP SE.

KM700 - Details

• The SAP error message KM700 indicates that a specified profit center does not exist for a given controlling area. This error typically arises in the context of controlling (CO) transactions, where the system is unable to find the specified profit center in the master data.
  
  Cause:
  
  Non-Existent Profit Center: The profit center specified in the transaction does not exist in the system for the given controlling area.
  Incorrect Profit Center Assignment: The profit center may not be assigned to the controlling area you are working with.
  Data Entry Error: There may be a typographical error in the profit center code entered in the transaction.
  Inactive Profit Center: The profit center might exist but is inactive or has been marked for deletion.
  Missing Master Data: The necessary master data for the profit center may not have been created or activated.
  
  
  Solution:
  
  Verify Profit Center: Check the profit center code entered in the transaction for any typographical errors.
  Check Master Data: