How To Fix KN147 - Target cost version & in controlling area & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: KN - Reporting for Costing

• Message number: 147

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

What causes this issue?

You are attempting to display data on a <DS:DE.AWVRS>target cost
version</> 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?

To define target cost version &V1& in your controlling area, go into
Customizing and copy target cost version &V1& from controlling area
0001.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KN147 - Target cost version & in controlling area & does not exist ?

  The SAP error message KN147 indicates that the target cost version specified does not exist in the controlling area you are working with. This error typically arises in the context of cost planning or when trying to access cost estimates in SAP.
  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 Configuration: The configuration settings for the controlling area may not include the target cost version you are trying to access.
  Data Entry Error: There may be a typographical error in the target cost version number or controlling area.
  
  Solution:
  
  
  Check Target Cost Version:
  
  Go to the transaction code OKT1 (Maintain Target Cost Versions) to verify if the target cost version exists for the specified controlling area.
  If it does not exist, you will 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 version details.
  
  
  
  Verify Controlling Area:
  
  Ensure that you are working in the correct controlling area. You can check this in the configuration settings or in the transaction where you encountered the error.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to access the target cost version and the controlling area.
  
  
  
  Consult Documentation:
  
  If you are unsure about the process, refer to SAP documentation or consult with your SAP support team for guidance on creating and managing target cost versions.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OKT1: Maintain Target Cost Versions
  OKT2: Change Target Cost Versions
  OKT3: Display Target Cost Versions
  
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to target cost versions and controlling areas.
  
  
  Training and Documentation: Consider reviewing SAP training materials or documentation related to controlling and cost management to better understand how target cost versions are used within your organization.
  
  
  By following these steps, you should be able to resolve the KN147 error and ensure that the target cost version is correctly set up in your SAP system.