How To Fix KV602 - Target cost version & not defined in controlling area &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 602

• Message text: Target cost version & not defined in controlling area &

What causes this issue?

The system requires a valid <DS:DE.AWVRS>target cost version</> to be
able to carry out the transaction. The target cost version is taken
from the <DS:DE.REFVS>reference version</> 000. However, a target cost
version has not been maintained for reference version 000 in
<DS:DE.KOKRS>controlling area</> &v2&, or the <DS:DE.AWVAR>variance
variant</> required for <DS:DE.CO_STEP_4>variance calculation</> is
missing.

System Response

Processing cannot be carried out.

How to fix this error?

To create a target cost version:
Go into the maintenance of the target cost version.
Create a <DS:DE.KAGRU>cost element group</> for the
<DS:DE.CO_STEP_2>first split</>.
If necessary, maintain a variance variant for variance calculation.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KV602 - Target cost version & not defined in controlling area & ?

  The SAP error message KV602 indicates that the target cost version is not defined in the controlling area. This error typically occurs when you are trying to perform a transaction that requires a target cost version, but the system cannot find a valid configuration for that version in the specified controlling area.
  Cause:
  
  Missing Configuration: The target cost version you are trying to use has not been defined in the controlling area.
  Incorrect Controlling Area: The controlling area you are working with may not be set up correctly or may not match the one where the target cost version is defined.
  Version Not Activated: The target cost version may exist but is not activated for the controlling area.
  
  Solution:
  To resolve the KV602 error, you can follow these steps:
  
  
  Check Target Cost Version Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to Controlling (CO) > Cost Element Accounting > Master Data > Cost Version > Define Target Cost Versions.
  Ensure that the target cost version you are trying to use is defined for the relevant controlling area.
  
  
  
  Define the Target Cost Version:
  
  If the target cost version is not defined, you will need to create it.
  In the same configuration path, create a new target cost version and assign it to the appropriate controlling area.
  
  
  
  Activate the Target Cost Version:
  
  If the version exists but is not activated, you may need to activate it.
  Check the settings to ensure that the version is active for the controlling area.
  
  
  
  Verify Controlling Area Settings:
  
  Ensure that you are working in the correct controlling area.
  Check if the controlling area is correctly assigned to the company code and that all necessary settings are in place.
  
  
  
  Consult Documentation:
  
  If you are unsure about the steps or need more detailed guidance, refer to the SAP documentation or help resources related to controlling and cost version management.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OKKP (for controlling area settings) and KSV1 (for target cost version) to navigate directly to the relevant configuration areas.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to the KV602 error.
  User Authorizations: Ensure that you have the necessary authorizations to make changes to the controlling area and target cost version settings.
  
  By following these steps, you should be able to resolve the KV602 error and successfully use the target cost version in your SAP system.