How To Fix KV606 - 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: 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message KV606 - Target cost version & not defined in controlling area & ?

  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 Target Cost Version.
  Ensure that the target cost version is defined for the relevant controlling area.
  
  
  
  Check Controlling Area:
  
  Verify that you are working in the correct controlling area. You can check this in the transaction where the error occurs or in the configuration settings.
  
  
  
  Activate Target Cost Version:
  
  If the target cost version exists but is not activated, you may need to activate it for the controlling area. This can usually be done in the same configuration area where you define the target cost version.
  
  
  
  Correct Typographical Errors:
  
  Double-check the target cost version you are entering for any typographical errors.
  
  
  
  Consult Documentation:
  
  If you are unsure about the steps, refer to the SAP documentation or consult with your SAP administrator for guidance on how to configure target cost versions.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OKTZ (for maintaining cost versions) or OKKP (for controlling area settings) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to target cost versions and controlling areas.
  User Authorizations: Ensure that you have the necessary authorizations to make changes to the controlling area settings.
  
  By following these steps, you should be able to resolve the KV606 error and successfully use the target cost version in your SAP system.