How To Fix KQ211 - Target cost version does not exist -> F4

SAP Error Message - Details

• Message type: E = Error

• Message class: KQ - Error Messages for Customizing Product Costing

• Message number: 211

• Message text: Target cost version does not exist -> F4

What causes this issue?

The <DS:GLOS.target_cost_version>target cost version</> you entered
does not exist.

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 display the existing target cost versions in the
<DS:GLOS.controlling_area>controlling area</>, press F4.
If necessary, enter a target cost version for the controlling area.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KQ211 - Target cost version does not exist -> F4 ?

  The SAP error message KQ211, which states "Target cost version does not exist," typically occurs in the context of cost planning or cost object controlling when the system is unable to find a specified target cost version for a particular cost object or planning scenario.
  Cause:
  
  Missing Target Cost Version: The specified target cost version has not been created or does not exist in the system.
  Incorrect Configuration: The configuration settings for cost planning may not be set up correctly, leading to the system not recognizing the target cost version.
  Authorization Issues: The user may not have the necessary authorizations to access the target cost version.
  Data Entry Error: There may be a typographical error in the version number or other related fields.
  
  Solution:
  
  
  Check Target Cost Versions:
  
  Go to the relevant transaction (e.g., KP06 for cost planning) and check if the target cost version exists.
  If it does not exist, you may need to create it using the appropriate transaction (e.g., OKT1 for creating a cost version).
  
  
  
  Create Target Cost Version:
  
  If the target cost version is missing, create it by navigating to the appropriate configuration settings in SAP.
  Ensure that you define the version correctly, including the version number and any relevant settings.
  
  
  
  Verify Configuration:
  
  Check the configuration settings in the controlling area to ensure that the target cost version is properly defined and activated.
  Use transaction code OKEQ to review the controlling area settings.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the target cost version. This may involve checking user roles and permissions.
  
  
  
  Correct Data Entry:
  
  Review the input fields for any typographical errors or incorrect entries that may be causing the issue.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  KP06: Cost Planning
  OKT1: Create Target Cost Version
  OKEQ: Controlling Area Settings
  
  
  Documentation: Refer to SAP Help documentation for detailed guidance on cost planning and version management.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  By following these steps, you should be able to resolve the KQ211 error and successfully work with target cost versions in SAP.