How To Fix KQ544 - No versions defined for use as target cost version

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 544

• Message text: No versions defined for use as target cost version

What causes this issue?

No central version has been defined as capable of being used as a
target cost version.

System Response

The system cannot create a target cost version.

How to fix this error?

Maintain a central version in Customizing for Controlling, and specify
that it can be used as a target cost version in variance calculation.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KQ544 - No versions defined for use as target cost version ?

  The SAP error message KQ544, "No versions defined for use as target cost version," typically occurs in the context of cost planning or cost controlling within the SAP system. This error indicates that the system cannot find a valid version for target costing, which is necessary for the cost planning process.
  Cause:
  
  Missing Versions: The primary cause of this error is that there are no versions defined in the system for target costing. Versions are used in SAP to manage different scenarios or planning versions for costs.
  Configuration Issues: The configuration settings for cost planning may not be set up correctly, leading to the absence of valid versions.
  Authorization Issues: Sometimes, users may not have the necessary authorizations to access the defined versions, leading to this error.
  Data Inconsistencies: There may be inconsistencies or missing data in the master data related to cost planning.
  
  Solution:
  
  
  Define Target Cost Versions:
  
  Go to the transaction code OKT1 (or navigate through the menu: Controlling -> Cost Center Accounting -> Planning -> Version Management).
  Check if any versions are defined for target costing. If not, create a new version by specifying the version number and description.
  Ensure that the version is set as a target cost version.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the controlling area to ensure that the target cost version is properly configured.
  Ensure that the version is marked as active and is available for use.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to access the target cost version. This can be checked with the help of your SAP security team.
  
  
  
  Data Consistency:
  
  Ensure that all relevant master data (like cost centers, internal orders, etc.) is correctly maintained and that there are no inconsistencies that could lead to this error.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for more detailed instructions on managing versions in cost planning.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OKT1 (Version Management), KP06 (Cost Center Planning), and KP26 (Activity Type Planning).
  SAP Notes: Check for any SAP Notes related to this error message for additional troubleshooting steps or patches that may resolve the issue.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users.
  
  By following these steps, you should be able to resolve the KQ544 error and successfully define and use target cost versions in your SAP system.