How To Fix KT355 - Valuation is not contained in the currency and valuation profile

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 355

• Message text: Valuation is not contained in the currency and valuation profile

What causes this issue?

Currency and valuation profile &V1& is assigned to controlling area
&V1&. Valuation &V3& is not contained in this.

How to fix this error?

You can only assign to valuations that are contained in the currency
and valuation profile.
If required, you must change the currency and valuation profile you are
assigning to. Alternatively, you can create a new one and assign it to
the controlling area.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT355 - Valuation is not contained in the currency and valuation profile ?

  The SAP error message KT355, which states "Valuation is not contained in the currency and valuation profile," typically occurs in the context of controlling (CO) and profitability analysis (CO-PA) when there is an issue with the configuration of currency and valuation profiles.
  Cause:
  
  Missing Valuation Type: The valuation type you are trying to use is not included in the currency and valuation profile assigned to the relevant controlling area or company code.
  Incorrect Configuration: The currency and valuation profile may not be properly configured to include the necessary valuation types for the transactions you are attempting to process.
  Profile Assignment: The currency and valuation profile may not be assigned to the relevant master data (e.g., cost centers, internal orders, etc.) or the transaction being processed.
  
  Solution:
  
  
  Check Currency and Valuation Profile:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Controlling > Profitability Analysis > Master Data > Define Currency and Valuation Profiles.
  Verify that the valuation type you are trying to use is included in the profile.
  
  
  
  Assign the Correct Profile:
  
  Ensure that the correct currency and valuation profile is assigned to the relevant controlling area or company code.
  You can check this in the configuration settings under Controlling > General Settings > Define Controlling Area.
  
  
  
  Review Master Data:
  
  Check the master data (e.g., cost centers, internal orders) to ensure that they are assigned the correct currency and valuation profile.
  You can do this by using transaction codes like KS01 (Create Cost Center) or KO01 (Create Internal Order) and reviewing the settings.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP functional consultant for guidance on setting up currency and valuation profiles correctly.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), KS01 (Create Cost Center), KO01 (Create Internal Order), and others related to controlling and profitability analysis.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or fixes provided by SAP.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to identify and resolve the KT355 error in SAP. If the issue persists, consider reaching out to your SAP support team for further assistance.