How To Fix KV606 - Target cost version & not defined in controlling area &

KV606 - Overview

• Message type: E = Error

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

• Message number: 606

• 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. For <DS:DE.VERSN>version</> &v1&,
however, no target cost version has been maintained 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?

Proceed as follows to create a target cost version:
Go to the maintenance transaction of the target cost version.
Define 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.

KV606 - Details

• The SAP error message KV606 indicates that the target cost version you are trying to use is not defined in the specified controlling area. This error typically occurs when you are attempting to perform a transaction that requires a target cost version, but the system cannot find a valid configuration for that version in the controlling area you are working with.
  
  Cause:
  
  Missing Configuration: The target cost version has not been defined in the controlling area.
  Incorrect Controlling Area: The controlling area you are using may not be 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.
  Typographical Error: There may be a typo in the target cost version you are trying to use.
  
  
  Solution:
  
  
  Define Target Cost Version:
  
  Go to the SAP Easy Access screen.
  Navigate to Controlling (CO) > Cost Element Accounting > Master Data > Cost Version > Define