How To Fix 60687 - No settlement period defined for SU &

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 687

• Message text: No settlement period defined for SU &

What causes this issue?

No valid account settlement period is defined for the settlement unit
&v1& of the service charge settlement.

System Response

The procedure is not immediately affected by this problem. The missing
account settlement period will start to cause problems when you want to
carry out the service charge settlement.

How to fix this error?

Assign an account settlement variant with valid account settlement
periods to the settlement unit.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60687 - No settlement period defined for SU & ?

  The SAP error message "60687 No settlement period defined for SU &" 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 settlement unit (SU), which could be an internal order, project, or another cost object.
  Cause:
  
  Missing Settlement Period: The most common cause is that there is no settlement period defined for the specified settlement unit in the configuration settings.
  Incorrect Configuration: The configuration for the settlement profile or the settlement period may not be set up correctly.
  Period Closure: The period in which the settlement is being attempted may be closed, and no further settlements can be processed for that period.
  Incorrect Settlement Profile: The settlement profile assigned to the order or project may not have the necessary settings for the settlement periods.
  
  Solution:
  
  
  Define Settlement Period:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to the relevant area for defining settlement periods (e.g., for internal orders: Controlling -> Internal Orders -> Settlement -> Define Settlement Periods).
  Ensure that the settlement periods are defined correctly for the relevant fiscal year and that they cover the periods you are trying to settle.
  
  
  
  Check Settlement Profile:
  
  Verify that the correct settlement profile is assigned to the internal order or project.
  Ensure that the settlement profile has the necessary settings for the settlement periods.
  
  
  
  Open Periods:
  
  Check if the period you are trying to settle is open. If it is closed, you may need to open it or perform the settlement in an open period.
  
  
  
  Review Configuration:
  
  Review the overall configuration for the settlement process to ensure that all necessary settings are in place.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed guidance on settlement processes and configurations.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  SPRO (to access configuration settings)
  KO88 (to execute settlement for internal orders)
  CJ88 (to execute settlement for projects)
  
  
  
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in controlling (CO) or project systems (PS) for further assistance.