How To Fix PSM_S4C_POSTINGS055 - Unable to retrieve master data for cost center &1.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_POSTINGS -

• Message number: 055

• Message text: Unable to retrieve master data for cost center &1.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_POSTINGS055 - Unable to retrieve master data for cost center &1. ?

  The SAP error message PSM_S4C_POSTINGS055 indicates that the system is unable to retrieve master data for a specified cost center. This can occur in various scenarios, particularly when dealing with financial postings or cost accounting in SAP.
  Causes:
  
  Cost Center Not Defined: The cost center specified in the transaction may not be defined in the system.
  Cost Center Status: The cost center might be inactive or not available for the period in which the transaction is being processed.
  Authorization Issues: The user may not have the necessary authorizations to access the cost center master data.
  Data Consistency Issues: There may be inconsistencies in the master data or issues with the data transport.
  Missing Organizational Structure: The cost center may not be assigned to the correct organizational unit or may not be part of the current controlling area.
  
  Solutions:
  
  
  Check Cost Center Definition:
  
  Go to the transaction code KS03 (Display Cost Center) and verify if the cost center exists and is correctly defined.
  Ensure that the cost center is active and assigned to the correct controlling area.
  
  
  
  Verify Cost Center Status:
  
  Check if the cost center is valid for the period in which you are trying to post. If it is not valid, you may need to adjust the validity dates.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access the cost center. This can be checked in transaction SU53 after the error occurs.
  
  
  
  Data Consistency:
  
  Run consistency checks or reports to identify any inconsistencies in the master data. You can use transaction SARA for archiving or SICF for service checks.
  
  
  
  Organizational Structure:
  
  Verify that the cost center is correctly assigned to the relevant organizational units. Check the configuration in the controlling area settings.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  KS03: Display Cost Center
  KS01: Create Cost Center
  KS02: Change Cost Center
  KSB1: Cost Centers: Actual Line Items
  
  
  SAP Documentation: Refer to the SAP Help Portal for detailed documentation on cost center accounting and related transactions.
  Support Community: Engage with the SAP Community for insights from other users who may have encountered similar issues.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary solutions to resolve it.