How To Fix 62175 - Settlement variant has to be in yearly periods

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 175

• Message text: Settlement variant has to be in yearly periods

What causes this issue?

You want to save a settlement variant that is defined as a
year-independent variant. The settlement periods for this variant must
be repeatable with a period of one year and without overlaps.

System Response

The settlement variant is not saved.

How to fix this error?

Please define the settlement periods in such a way that date of the
first settlement plus one year is after the settlement period last
defined. The interval between settlement periods does not have to be
identical.
If a settlement variant only comprises one settlement period, it is
always periodic.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Example for the year 2016:
a) Incorrect!!
To-month To-day Year shift Concrete period for 2016
01 31 0 03/01/16 to 31/01/16 Error
02 28 -1 02/01/2016 to 02/28/2017
b) Correct
To-month To-day Year shift Concrete period for 2016
07 31 0 02/01/2016 to 07/31/2016
01 31 -1 08/01/2016 to 01/31/2017

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62175 - Settlement variant has to be in yearly periods ?

  The SAP error message 62175, which states "Settlement variant has to be in yearly periods," 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 settlement variant you are trying to use is not configured to handle the period type required for the transaction you are attempting to execute.
  Cause:
  
  Settlement Variant Configuration: The settlement variant you are using is set up for a different period type (e.g., monthly or quarterly) instead of yearly periods.
  Incorrect Assignment: The settlement variant may not be correctly assigned to the order or project you are trying to settle.
  Period Settings: The fiscal year variant or period settings in the configuration may not align with the requirements of the settlement variant.
  
  Solution:
  
  
  Check Settlement Variant Configuration:
  
  Go to the configuration settings for the settlement variant in SAP (Transaction code: OKO7).
  Ensure that the settlement variant is configured to allow yearly periods. You may need to create or modify a settlement variant to meet this requirement.
  
  
  
  Assign the Correct Settlement Variant:
  
  Verify that the correct settlement variant is assigned to the order or project. You can check this in the order or project master data (Transaction code: KO02 for orders or CJ02 for projects).
  If necessary, change the assignment to a settlement variant that supports yearly periods.
  
  
  
  Review Fiscal Year Variant:
  
  Check the fiscal year variant settings (Transaction code: OB29) to ensure that it aligns with the settlement variant's requirements.
  Make sure that the fiscal year variant allows for the periods you are trying to settle.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on configuring settlement variants and their period settings.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test settlement to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OKO7: Configuration of Settlement Variants
  KO02: Change Order
  CJ02: Change Project
  OB29: Maintain Fiscal Year Variants
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to settlement variants and error messages.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to settlement variants and related configurations.
  
  
  By following these steps, you should be able to resolve the error message 62175 and successfully process your settlements in SAP.