How To Fix KT214 - The cost element/revenue element & does not exist in &

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 214

• Message text: The cost element/revenue element & does not exist in &

What causes this issue?

You entered a cost/revenue element that is not defined for fiscal year
&V2&.

System Response

Processing is terminated.

How to fix this error?

Check your entries.
Or, create the cost/revenue element.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT214 - The cost element/revenue element & does not exist in & ?

  The SAP error message KT214 indicates that a specified cost element or revenue element does not exist in the specified controlling area. This error typically arises during the posting of costs or revenues in the Controlling (CO) module, particularly when dealing with internal orders, cost centers, or profit centers.
  Cause:
  
  Non-Existent Cost/Revenue Element: The cost element or revenue element you are trying to use has not been created in the system.
  Incorrect Controlling Area: The cost/revenue element may exist, but it is not assigned to the controlling area you are working with.
  Master Data Issues: There may be issues with the master data setup, such as missing or incorrect configurations.
  Transaction Type Mismatch: The transaction type being used may not be compatible with the cost/revenue element.
  
  Solution:
  
  
  Check Cost/Revenue Element:
  
  Go to the transaction code KA03 (Display Cost Element) or KA02 (Change Cost Element) to verify if the cost/revenue element exists.
  If it does not exist, you will need to create it using KA01 (Create Cost Element).
  
  
  
  Verify Controlling Area Assignment:
  
  Ensure that the cost/revenue element is assigned to the correct controlling area. You can check this in the cost element master data.
  If it is not assigned, you may need to adjust the settings or create a new cost/revenue element for the appropriate controlling area.
  
  
  
  Check Master Data:
  
  Review the master data for the cost center, internal order, or profit center to ensure that they are correctly set up and linked to the appropriate cost/revenue elements.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the Controlling module to ensure that everything is set up correctly. This may involve looking at the settings in the controlling area or the cost element group.
  
  
  
  Transaction Type:
  
  Ensure that the transaction type you are using is appropriate for the cost/revenue element. Some elements may be restricted to specific transaction types.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  KA01: Create Cost Element
  KA02: Change Cost Element
  KA03: Display Cost Element
  KAH1: Create Cost Element Group
  KAH2: Change Cost Element Group
  KAH3: Display Cost Element Group
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on cost elements and their configuration.
  
  
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  By following these steps, you should be able to identify the cause of the KT214 error and implement the necessary solutions to resolve it.