How To Fix 60694 - Settlement variant '&' undefined

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 694

• Message text: Settlement variant '&' undefined

What causes this issue?

You have entered an account settlement variant which is not recognized
by the system.

System Response

Your entry is refused.

How to fix this error?

Enter a valid account settlement variant (F4).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60694 - Settlement variant '&' undefined ?

  The SAP error message "60694 Settlement variant '&' undefined" 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 settlement variant that has been specified in the configuration or in the transaction you are trying to execute.
  Cause:
  
  Undefined Settlement Variant: The settlement variant specified in the transaction is not defined in the system.
  Configuration Issues: The settlement variant may not have been properly configured in the system.
  Authorization Issues: The user may not have the necessary authorizations to access the specified settlement variant.
  Incorrect Transaction Data: The transaction data may reference a settlement variant that is not applicable to the current context.
  
  Solution:
  
  
  Check Settlement Variant Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to the relevant area for settlement variants (e.g., for internal orders: Controlling -> Internal Orders -> Settlement -> Define Settlement Variants).
  Ensure that the settlement variant you are trying to use is defined and correctly configured.
  
  
  
  Verify Transaction Data:
  
  Check the transaction or document that is causing the error to ensure that the correct settlement variant is being referenced.
  If necessary, update the transaction to use a valid settlement variant.
  
  
  
  User Authorizations:
  
  Ensure that the user executing the transaction has the necessary authorizations to access the settlement variant.
  Check the user roles and profiles to confirm that they include access to the relevant settlement variant.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on settlement variants and their configuration.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: For configuration settings.
  KO02: For changing internal orders.
  KOB1: For displaying order line items.
  
  
  
  SAP Notes: Search for SAP Notes related to settlement variants and error message 60694 for any known issues or patches.
  
  
  Documentation: Review the SAP Help Portal for detailed information on settlement processes and configuration.
  
  
  By following these steps, you should be able to resolve the error message and ensure that the settlement variant is properly defined and accessible in your SAP system.