How To Fix KT333 - Transfer prices are not yet active for controlling area &1

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 333

• Message text: Transfer prices are not yet active for controlling area &1

What causes this issue?

In controlling area &V1& you have entered the
<DS:DE.CVPROF>currency and valuation profile</> &V2&.
However, this profile is not yet active.

System Response

The currency and valuation profile must be active for the system to
execute consistency checks for the various Customizing settings
required to display transfer prices.
You can <ZH>not</> post actual costs with transfer prices if the
currency and valuation profile is not active.
The system ignores the
<DS:GLOS.additional_version>additional actual versions</>.
Actual postings are made only in version 0 with legal
<DS:DE.VALUTYP_ACT>valuation</>.

How to fix this error?

If you want to use transfer prices, activate the currency and valuation
profile &V2& in controlling area &V1&.
If you do <ZH>not</> want to use transfer prices, delete the assignment
to the currency and valuation profile &V2& in controlling area &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT333 - Transfer prices are not yet active for controlling area &1 ?

  The SAP error message KT333, which states "Transfer prices are not yet active for controlling area &1," typically occurs in the context of controlling (CO) and profitability analysis (CO-PA) when you attempt to execute a transaction that requires transfer pricing functionality, but the transfer pricing feature has not been activated for the specified controlling area.
  Cause:
  
  
  Transfer Pricing Not Activated: The primary cause of this error is that transfer pricing has not been activated for the controlling area in question. This can happen if the configuration settings for transfer pricing have not been completed or if the controlling area is newly created and the settings have not been applied.
  
  
  Configuration Issues: There may be issues in the configuration settings related to transfer pricing in the controlling area, such as missing or incorrect settings.
  
  
  Solution:
  To resolve the KT333 error, you need to activate transfer pricing for the specified controlling area. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Controlling -> Profit Center Accounting -> Transfer Prices -> Activate Transfer Prices.
  
  
  
  Activate Transfer Prices:
  
  In the configuration settings, find the option to activate transfer prices for the relevant controlling area.
  Ensure that the controlling area is correctly defined and that all necessary settings are in place.
  
  
  
  Check Settings:
  
  Verify that all related settings for transfer pricing are correctly configured, including the definition of transfer pricing methods, pricing procedures, and any other relevant parameters.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the configuration by executing the transaction that previously resulted in the KT333 error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring transfer pricing in your specific version of SAP.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OKB9 (for transfer pricing settings) and KSV5 (for displaying transfer prices).
  Support: If you continue to experience issues after following the above steps, 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 resolve the KT333 error and successfully activate transfer prices for the specified controlling area.