How To Fix KP553 - Error in reconciliation object &1, category &2

SAP Error Message - Details

• Message type: E = Error

• Message class: KP - CO-OM Planning

• Message number: 553

• Message text: Error in reconciliation object &1, category &2

What causes this issue?

No information for the master record could be read for reconciliation
object &V1&, category &V2&

System Response

The affected record will not be updated.

How to fix this error?

There is probably an internal program error.
If you call up the planning data interface you should not plan any
reconciliation objects.
If the problem occurs during transfer from SOP planning, contact SAP.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KP553 - Error in reconciliation object &1, category &2 ?

  The SAP error message KP553, which states "Error in reconciliation object &1, category &2," typically occurs in the context of controlling (CO) and is related to issues with the reconciliation of cost objects, such as internal orders, cost centers, or projects. This error can arise during various processes, including settlement, planning, or actual postings.
  Causes:
  
  Incorrect Configuration: The reconciliation object may not be properly configured in the system.
  Missing Master Data: Required master data for the reconciliation object (like cost centers, internal orders, etc.) may be missing or incomplete.
  Inconsistent Data: There may be inconsistencies in the data related to the reconciliation object, such as mismatched periods or incorrect assignment of cost elements.
  Authorization Issues: The user may not have the necessary authorizations to access or process the reconciliation object.
  Technical Issues: There could be underlying technical issues, such as database inconsistencies or system errors.
  
  Solutions:
  
  Check Configuration: Review the configuration settings for the reconciliation object in the