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

KT333 - Overview

• 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