How To Fix UCFI023 - Reporting item for distribution costs is missing for item &1/PrGrp &2

UCFI023 - Overview

• Message type: E = Error

• Message class: UCFI - Messages for Elim. of IU Profit/Loss

• Message number: 023

• Message text: Reporting item for distribution costs is missing for item &1/PrGrp &2

What causes this issue?

*** similar to UCFI022 *** (reporting item instead of transfer item)
You specified a distribution cost percentage rate in the supplier data.
This is used to calculate a distribution costs portion (of the
interunit profit), which is then transferred from a distribution costs
item (which you specify) to another item (which you also specify).
The system was unable to find a reporting item for the distribution
costs for inventory item &V1& and product group &V2&.

System Response

Distribution costs cannot be transferred.

How to fix this error?

Define the reporting item for transferring the distribution costs in
the elimination of IU P/L in inventory.

Procedure for System Administrators

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.

UCFI023 - Details

• The SAP error message UCFI023 indicates that there is a missing reporting item for distribution costs for a specific item and profit group. This error typically arises in the context of SAP's Controlling (CO) module, particularly when dealing with cost distribution and reporting.
  
  Cause:
  
  Missing Configuration: The reporting item for distribution costs may not be configured in the system for the specified item and profit group.
  Data Inconsistency: There may be inconsistencies in the master data or configuration settings related to the item or profit center.
  Incorrect Profit Group: The profit group specified may not be valid or may not have the necessary reporting items assigned to it.
  Missing Master Data: The relevant master data (like cost centers, profit centers, or internal orders) may not be properly set up or linked to the item in question.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (transaction code SPRO) and navigate to the relevant area for distribution costs.
  Ensure