How To Fix KQ292 - Specified CO version not suitable for updated costs

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 292

• Message text: Specified CO version not suitable for updated costs

What causes this issue?

The specified CO version is not suitable for the cost forecast.

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?

Choose a CO version that is suitable for the cost forecast or create a
corresponding CO version.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KQ292 - Specified CO version not suitable for updated costs ?

  The SAP error message KQ292, which states "Specified CO version not suitable for updated costs," typically occurs in the context of controlling (CO) when you are trying to update costs in a CO version that is not configured to accept those updates. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  CO Version Configuration: The CO version you are trying to use may not be set up to allow for the type of cost updates you are attempting. This could be due to settings that restrict the version to certain types of postings or updates.
  Version Status: The CO version might be in a status that does not allow for updates, such as being locked or closed for a specific period.
  Cost Element Settings: The cost elements involved may not be compatible with the specified CO version.
  Period Closing: If the period for which you are trying to post costs is closed, the system will not allow updates to that period.
  
  Solutions:
  
  
  Check CO Version Settings:
  
  Go to the configuration settings for the CO version in question (Transaction code: OKKP).
  Ensure that the version is set up to allow updates for the type of costs you are trying to post.
  
  
  
  Review Version Status:
  
  Check if the CO version is locked or if it has been closed for the period you are trying to update. If it is closed, you may need to reopen it or use a different version.
  
  
  
  Adjust Cost Element Settings:
  
  Verify that the cost elements you are using are compatible with the CO version. You can check this in the cost element master data.
  
  
  
  Open the Period:
  
  If the period is closed, you may need to open it for posting. This can be done in the period closing settings (Transaction code: OB52).
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on the CO version and its configuration.
  
  
  
  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: Familiarize yourself with relevant transaction codes such as OKKP (Maintain CO Versions), OB52 (Open/Close Posting Periods), and others related to controlling.
  SAP Notes: Check for any SAP Notes related to error KQ292 for additional insights or patches that may address the issue.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to make changes to the CO version and to post costs.
  
  By following these steps, you should be able to identify the cause of the KQ292 error and implement a suitable solution.