How To Fix 60395 - Settlement period & is not defined (Please check)

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 395

• Message text: Settlement period & is not defined (Please check)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 60395 - Settlement period & is not defined (Please check) ?

  The SAP error message 60395, which states "Settlement period & is not defined (Please check)," typically occurs in the context of settlement processes in SAP, particularly when dealing with internal orders, projects, or cost centers. This error indicates that the system cannot find a defined settlement period for the specified object, which is necessary for processing settlements.
  Cause:
  
  Missing Settlement Period Definition: The settlement period for the specified object (e.g., internal order, project) has not been defined in the system.
  Incorrect Configuration: The configuration settings for the settlement periods may not be correctly set up in the controlling area or for the specific object type.
  Period Closure: The period in question may have been closed, preventing any further settlements from being processed.
  Incorrect Object Type: The object you are trying to settle may not be compatible with the defined settlement periods.
  
  Solution:
  
  
  Define Settlement Period:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to the relevant section for defining settlement periods (e.g., under Controlling > Internal Orders > Settlement > Define Settlement Periods).
  Ensure that the settlement period is defined for the controlling area and the specific object type you are working with.
  
  
  
  Check Configuration:
  
  Verify that the configuration for the settlement profile is correctly set up.
  Ensure that the settlement profile assigned to the object includes the necessary periods.
  
  
  
  Review Period Status:
  
  Check if the period you are trying to settle is open. You can do this by going to the transaction code (e.g., OB52) to review the status of the periods.
  If the period is closed, you may need to open it again or process the settlement in an open period.
  
  
  
  Validate Object Type:
  
  Ensure that the object you are trying to settle is compatible with the defined settlement periods. If necessary, adjust the object type or its settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance related to your configuration and business processes.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: Customizing settings.
  OB52: Open/close posting periods.
  KO88: Order settlement.
  
  
  
  SAP Notes: Check for any SAP Notes related to error 60395 for additional insights or patches that may address the issue.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  
  By following these steps, you should be able to resolve the error message 60395 and successfully process your settlements in SAP.