How To Fix 60691 - No valid settlement period found

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 691

• Message text: No valid settlement period found

What causes this issue?

No valid account settlement period was found which matches your entry.

System Response

The entry is refused.

How to fix this error?

Check your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60691 - No valid settlement period found ?

  The SAP error message "60691 No valid settlement period found" typically occurs in the context of settlement processes, particularly when dealing with internal orders, projects, or cost centers. This error indicates that the system cannot find a valid settlement period for the specified transaction or object.
  Causes:
  
  Settlement Period Not Defined: The settlement period for the relevant cost object (e.g., internal order, project) may not be defined in the system.
  Period Closing: The period in which the settlement is being attempted may be closed, meaning that no further transactions can be posted to that period.
  Incorrect Configuration: The configuration settings for the settlement profile or the controlling area may not be set up correctly.
  Fiscal Year Variant Issues: The fiscal year variant assigned to the controlling area or the cost object may not align with the periods defined in the system.
  Missing Authorizations: The user may not have the necessary authorizations to perform the settlement.
  
  Solutions:
  
  Check Settlement Period: Verify that the settlement period is defined for the relevant cost object. You can do this by checking the settings in the internal order or project definition.
  Open the Period: If the period is closed, you may need to open it in the period closing settings (transaction code OB52) to allow for settlements to be processed.
  Review Configuration: Ensure that the settlement profile and controlling area settings are correctly configured. This includes checking the fiscal year variant and ensuring it matches the periods defined in the system.
  Adjust Fiscal Year Variant: If there are discrepancies in the fiscal year variant, you may need to adjust it to ensure it aligns with the periods you are trying to settle.
  Check Authorizations: Ensure that the user has the necessary authorizations to perform the settlement. This can be checked in the user roles and profiles.
  
  Related Information:
  
  Transaction Codes: You may find it helpful to use transaction codes such as:
  
  KO02: Change Internal Order
  CJ20N: Project Management
  OB52: Open/Close Posting Periods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  Documentation: Review SAP documentation related to internal orders, project systems, and settlement processes for more detailed guidance.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or refer to SAP community forums for additional insights.