SAP Message QE278 - Function module for charac. &1 with valuation rule &2 does not exist

Diagnosis
The system could not find a valuation function module for the valuationrule &V2& in the Customizing settings for the valuation.

System Response
You cannot call the transactions for results recording.

Procedure
Have your system administrator check the Customizing settings for thevaluation (menu option "Modify valuation rules") and make any necessarychanges.