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

60395 - Overview

• 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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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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60395 - Details

• 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