How To Fix 62165 - Settlement period name "&" already exists

62165 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 165

• Message text: Settlement period name "&" already exists

What causes this issue?

You have assigned the settlement period "&V1&" an identification that
has already been allocated to a different settlement period for the
same settlement unit.

System Response

Your input is rejected.

How to fix this error?

Please choose an identification for the settlement period that is
unique within the settlement variant.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62165 - Settlement period name "&" already exists ?

  The SAP error message "62165 Settlement period name '&' already exists" typically occurs when you are trying to create a new settlement period in the system, but a settlement period with the same name already exists. This can happen in various modules, such as Asset Accounting (FI-AA) or Project System (PS), where settlement periods are used to manage the allocation of costs and revenues.
  
  Cause:
  
  Duplicate Settlement Period: The primary cause of this error is that the settlement period you are trying to create has the same name as an existing one in the system.
  
  Configuration Issues: There may be issues in the configuration settings where the system does not allow duplicate entries for settlement periods.
  
  
  Solution:
  
  
  Check Existing Settlement Periods: 
  
  Go to the relevant transaction (e.g., OAYZ for Asset Accounting) and check the list of existing settlement periods to see if the one you are trying to create already exists.
  If it does exist, you