How To Fix KZ070 - Company code of next-higher cost object transferred

KZ070 - Overview

• Message type: E = Error

• Message class: KZ - Cost Object Repetitive Mfg / Process Mfg

• Message number: 070

• Message text: Company code of next-higher cost object transferred

What causes this issue?

You did not enter a <DS:GLOS.company_code>company code</>, so the
system used the company code of the higher-level
<DS:GLOS.cost_object_ID>cost object ID</>.

System Response

All <DS:GLOS.cost_object_node>cost object nodes</> in a
<DS:GLOS.cost_object_hierarchy>cost object hierarchy</> must belong to
the same company code.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

KZ070 - Details

• The SAP error message KZ070 indicates that there is an issue related to the assignment of cost objects in the context of controlling (CO) and financial accounting (FI). Specifically, this error occurs when a cost object (like a cost center or internal order) is being processed, and the system is unable to find a valid company code for the next higher cost object.
  
  Cause:
  The error typically arises due to one of the following reasons:
  
  Missing or Incorrect Configuration: The cost object may not be properly configured in the system, or the hierarchy of cost objects may not be correctly set up.
  Company Code Assignment: The cost object may not be assigned to a valid company code, or the company code of the higher-level cost object is not correctly defined.
  Data Inconsistencies: There may be inconsistencies in the master data related to the cost objects, such as missing entries or incorrect relationships.
  
  
  Solution:
  To resolve the KZ070