How To Fix KW740 - Select the value type (planned and/or actual) for the reference object

SAP Error Message - Details

• Message type: E = Error

• Message class: KW - CO-ABC Activity-Based Costing

• Message number: 740

• Message text: Select the value type (planned and/or actual) for the reference object

What causes this issue?

The reference or target values must be specified when copying from
allocations.

How to fix this error?

Please fully specify the reference or target values.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KW740 - Select the value type (planned and/or actual) for the reference object ?

  The SAP error message KW740, which states "Select the value type (planned and/or actual) for the reference object," typically occurs in the context of SAP Controlling (CO) when working with cost planning or actual cost assessments. This error indicates that the system requires you to specify whether you are dealing with planned values, actual values, or both for a particular reference object (such as a cost center, internal order, or project).
  Cause:
  
  Missing Value Type Selection: The user has not selected a value type (planned or actual) when trying to execute a transaction that requires this specification.
  Configuration Issues: There may be configuration settings in the controlling module that are not set up correctly, leading to the system not recognizing the value type.
  Transaction Context: The transaction being executed may inherently require a value type to be specified, and if it is not, the system will throw this error.
  
  Solution:
  
  Select Value Type: When prompted by the error message, ensure that you select the appropriate value type (either planned, actual, or both) in the relevant field before proceeding with the transaction.
  Check Configuration: If you are consistently encountering this error, check the configuration settings in the SAP system related to the controlling area, value types, and planning versions. Ensure that the necessary value types are defined and active.
  Review Transaction Parameters: If you are using a specific transaction code, review the parameters and options available in that transaction to ensure you are providing all required inputs.
  Consult Documentation: Refer to SAP documentation or help resources for the specific transaction you are using to understand the requirements for value type selection.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions for common problems.
  User Authorization: Ensure that you have the necessary authorizations to access the value types and perform the required actions in the system.
  Training and Support: If you are unsure about how to proceed, consider reaching out to your SAP support team or attending training sessions focused on SAP Controlling and planning processes.
  
  By following these steps, you should be able to resolve the KW740 error and proceed with your SAP transactions successfully.