How To Fix KV401 - Cost object & has no variance key

KV401 - Overview

• Message type: E = Error

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

• Message number: 401

• Message text: Cost object & has no variance key

What causes this issue?

The master data for <DS:GLOS.cost_object_ID>cost object ID</> &v1& does
not have a <DS:GLOS.variance_key>variance key</>.

System Response

The system cannot calculate variances when there is no variance key
assigned to the cost object ID.

How to fix this error?

Assign a variance key to the cost object ID.
You can define the variance key as a default value in the
<DS:GLOS.cost_object_profile>cost object profile</>.

Error message extract from SAP system. Copyright SAP SE.

KV401 - Details

• The SAP error message KV401 indicates that a cost object (such as a cost center, internal order, or project) does not have a variance key assigned to it. This error typically occurs during the execution of a transaction that involves cost allocation or variance calculation, such as during the settlement of internal orders or during the execution of a cost report.
  
  Cause:
  
  Missing Variance Key: The cost object you are trying to process does not have a variance key assigned in its master data. The variance key is essential for determining how variances are calculated and reported.
  Incorrect Configuration: The configuration settings for the cost object may not be set up correctly, leading to the absence of a variance key.
  Data Entry Error: There may have been an oversight during the creation or maintenance of the cost object, resulting in the omission of the variance key.
  
  
  Solution:
  
  
  Assign a Variance Key:
  
  Navigate to the master data of