How To Fix KV062 - Variance key & does not allow variance calculation

SAP Error Message - Details

• Message type: E = Error

• Message class: KV - Variance Analysis for Cost Centers and Cost Objects

• Message number: 062

• Message text: Variance key & does not allow variance calculation

What causes this issue?

Im Customizing, you specified that <DS:GLOS.variance_key>variance
key</> &v1& should not allow variance calculation.

System Response

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

How to fix this error?

To allow <DS:GLOS.variance_calculation>variance calculation</> for this
variance key, turn on the <LS>Variances</> indicator for it, and then
execute the transaction again.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KV062 - Variance key & does not allow variance calculation ?

  The SAP error message KV062 indicates that there is an issue with the variance key in the context of variance calculation for cost centers or internal orders. This error typically arises when the system is unable to perform variance calculations due to a missing or incorrect variance key configuration.
  Cause of Error KV062
  
  Missing Variance Key: The variance key that is being referenced in the calculation is not defined in the system.
  Incorrect Configuration: The variance key may be incorrectly configured or not assigned to the relevant cost object (e.g., cost center, internal order).
  Period Lock: The period for which the variance calculation is being attempted may be locked or closed.
  Inconsistent Data: There may be inconsistencies in the data related to the cost object or the associated variance key.
  
  Solution to Error KV062
  
  
  Check Variance Key Configuration:
  
  Go to the configuration settings for variance keys in SAP (Transaction code: OKTZ).
  Ensure that the variance key you are trying to use is defined and correctly configured.
  
  
  
  Assign Variance Key:
  
  If the variance key is missing, you may need to assign it to the relevant cost center or internal order.
  Use Transaction code: KS01 (Create Cost Center) or KO01 (Create Internal Order) to assign the variance key.
  
  
  
  Review Period Status:
  
  Check if the period for which you are trying to calculate variance is open. You can do this in the period closing settings (Transaction code: OB52).
  If the period is closed, you may need to open it or perform the calculation in an open period.
  
  
  
  Data Consistency Check:
  
  Ensure that all related data (cost elements, cost centers, internal orders) are consistent and correctly set up.
  You can use Transaction code: KSB1 (Cost Centers: Actual Line Items) to review the data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed information on variance keys and their configuration.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  OKTZ: Variance Key Configuration
  KS01: Create Cost Center
  KO01: Create Internal Order
  KSB1: Cost Centers: Actual Line Items
  OB52: Period Closing
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to variance keys and calculations.
  
  
  User Roles: Ensure that you have the necessary authorizations to access and modify the configuration settings related to variance keys.
  
  
  By following these steps, you should be able to resolve the KV062 error and successfully perform variance calculations in SAP.