How To Fix KT350 - Valuation variants &1 &2 for CO resources do not yet exist

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 350

• Message text: Valuation variants &1 &2 for CO resources do not yet exist

What causes this issue?

The valuation variants &V1& &V2& for CO resources do not yet exist.

System Response

Valuation variants &V1& &V2& cannot be assigned to the plan version.

How to fix this error?

Create valuation variants &V1& &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT350 - Valuation variants &1 &2 for CO resources do not yet exist ?

  The SAP error message KT350 indicates that there is an issue with the valuation variants for Controlling (CO) resources. Specifically, it means that the system cannot find the specified valuation variants for the given CO resources. This can occur in various scenarios, such as when trying to execute a transaction that requires these valuation variants.
  Cause:
  
  Missing Valuation Variants: The valuation variants for the specified CO resources have not been defined in the system.
  Incorrect Configuration: The configuration settings for the controlling area or the valuation variant may be incorrect or incomplete.
  Data Inconsistency: There may be inconsistencies in the master data or configuration that prevent the system from recognizing the valuation variants.
  Authorization Issues: The user may not have the necessary authorizations to access the valuation variants.
  
  Solution:
  
  
  Define Valuation Variants:
  
  Go to the SAP Easy Access screen and navigate to the configuration for CO.
  Use the transaction code OKTZ to define the valuation variants.
  Ensure that the valuation variants are correctly set up for the relevant controlling area and resource types.
  
  
  
  Check Configuration:
  
  Verify the configuration settings for the controlling area using transaction code OKKP.
  Ensure that the valuation variants are assigned correctly to the relevant cost elements or cost centers.
  
  
  
  Review Master Data:
  
  Check the master data for the CO resources to ensure that they are correctly defined and linked to the appropriate valuation variants.
  Use transaction codes like KS01 (Create Cost Center) or KSH1 (Create Cost Element) to review and update the master data as needed.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access and modify the valuation variants.
  Consult with your SAP security team if there are any authorization issues.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on configuring valuation variants and resolving related issues.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OKTZ: Define Valuation Variants
  OKKP: Controlling Area Settings
  KS01: Create Cost Center
  KSH1: Create Cost Element
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to valuation variants and CO resources.
  
  
  Support: If the issue persists after following the above steps, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  By following these steps, you should be able to resolve the KT350 error and ensure that the valuation variants for CO resources are correctly configured in your SAP system.