How To Fix KN101 - Target cost version $ does not exist in controlling area $

SAP Error Message - Details

• Message type: E = Error

• Message class: KN - Reporting for Costing

• Message number: 101

• Message text: Target cost version $ does not exist in controlling area $

What causes this issue?

You specified a target version for the target/actual comparison that
does not exist in controlling area &v2&.

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?

RESET N1
Check whether the correct controlling area is set.
Choose a valid target cost version, or go into Customizing and define
target cost version &v1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KN101 - Target cost version $ does not exist in controlling area $ ?

  The SAP error message KN101 indicates that the target cost version specified does not exist in the controlling area you are working with. This error typically arises when trying to perform activities related to cost planning, such as creating or updating cost estimates, and the system cannot find the specified target cost version.
  Cause:
  
  Non-existent Target Cost Version: The target cost version you are trying to use has not been created or does not exist in the specified controlling area.
  Incorrect Controlling Area: The controlling area specified may not match the one where the target cost version is defined.
  Authorization Issues: The user may not have the necessary authorizations to access the target cost version in the specified controlling area.
  Configuration Issues: There may be configuration issues in the controlling area settings or in the cost version settings.
  
  Solution:
  
  
  Check Target Cost Version:
  
  Go to the transaction code OKT1 (Maintain Cost Versions) and verify if the target cost version exists for the specified controlling area.
  If it does not exist, you may need to create it.
  
  
  
  Create Target Cost Version:
  
  If the target cost version is missing, you can create it in the same transaction (OKT1). Ensure that you enter the correct controlling area and define the necessary parameters for the cost version.
  
  
  
  Verify Controlling Area:
  
  Ensure that you are working in the correct controlling area. You can check the controlling area settings in transaction code OKKP (Controlling Area).
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the target cost version. You may need to consult with your SAP security team to verify and adjust user roles if necessary.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to cost version management to ensure that you are following the correct procedures.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OKT1: Maintain Cost Versions
  OKKP: Controlling Area
  KKS1: Create Cost Estimate
  
  
  SAP Notes: Check for any relevant SAP Notes that might address known issues or provide additional guidance related to cost version management.
  User Manuals: Refer to user manuals or training materials specific to your organization for detailed procedures on managing cost versions.
  
  By following these steps, you should be able to resolve the KN101 error and successfully work with target cost versions in SAP.