How To Fix KT357 - No valuation profile has been saved in controlling area &1

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 357

• Message text: No valuation profile has been saved in controlling area &1

What causes this issue?

In controlling area &V1& you have maintained an
<DS:GLOS.additional_version>additional actual version</> for the use
of parallel <DS:DE.VALUTYP_ACT>valuations</>.
For the system to take into account the additional actual versions, you
must assign a <DS:DE.CVPROF>currency and valuation profile</> to the
controlling area and activate the profile.

System Response

The currency and valuation profile must be active for the system to
execute consistency checks for the various Customizing settings
required for the display of transfer prices.
If no currency and valuation profile is active, you <ZH>cannot</> post
actual costs with transfer prices.
The system ignores the additional actual versions.
Actual postings are made only in version 0 with legal valuation.

How to fix this error?

If you want to work with parallel valuations,
assign a currency and valuation profile to controlling area &V1&.
activate parallel valuations for controlling area &V1&

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

If you do <ZH>not</> want to work with parallel valuations, delete the
additional actual versions.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT357 - No valuation profile has been saved in controlling area &1 ?

  The SAP error message KT357 "No valuation profile has been saved in controlling area &1" typically occurs in the context of controlling (CO) when you are trying to perform a transaction that requires a valuation profile, but none has been defined for the specified controlling area.
  Cause:
  
  Missing Valuation Profile: The primary cause of this error is that a valuation profile has not been assigned to the controlling area in the configuration settings.
  Incorrect Configuration: The valuation profile may not have been set up correctly or may have been deleted or deactivated.
  Transaction Context: The error can also occur if you are trying to execute a transaction that requires a valuation profile, such as cost center accounting or internal orders, without having the necessary configuration in place.
  
  Solution:
  To resolve this error, you need to ensure that a valuation profile is correctly assigned to the 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 -> Cost Element Accounting -> Master Data -> Valuation -> Define Valuation Profiles.
  
  
  
  Define a Valuation Profile:
  
  If no valuation profile exists, you will need to create one. Click on "New Entries" to define a new valuation profile.
  Enter the necessary details, including the profile name and any relevant settings.
  
  
  
  Assign the Valuation Profile to the Controlling Area:
  
  After creating the valuation profile, you need to assign it to the controlling area.
  Navigate to SPRO -> SAP Reference IMG -> Controlling -> Cost Element Accounting -> Master Data -> Valuation -> Assign Valuation Profiles to Controlling Areas.
  Select the controlling area in question and assign the newly created valuation profile.
  
  
  
  Check for Existing Profiles:
  
  If a valuation profile already exists, ensure that it is correctly configured and active. You may need to review the settings to ensure they meet your organization's requirements.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Valuation Profiles: These are used to determine how costs are calculated and reported in the controlling module. They can include settings for cost elements, cost centers, and internal orders.
  Controlling Area: This is an organizational unit in SAP that represents a closed system for cost accounting. It is essential to have proper configuration for effective cost management.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OKB9 (for valuation profiles) and OKB2 (for assigning profiles to controlling areas).
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation, as there may be additional configuration or authorization issues at play.