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

KQ544 - Overview

• 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