How To Fix 62241 - Settlement type for LO & & & invalid on date &

62241 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 241

• Message text: Settlement type for LO & & & invalid on date &

What causes this issue?

This settlement type is not intended to be used with this rental
agreement.

System Response

The settlement run is cancelled.

How to fix this error?

Please correct the settlement type for this rental agreement.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62241 - Settlement type for LO & & & invalid on date & ?

  The SAP error message "62241 Settlement type for LO & & & invalid on date &" typically occurs in the context of Logistics Execution (LO) when there is an issue with the settlement type configuration for a specific date. This error indicates that the system cannot find a valid settlement type for the specified date, which can prevent the processing of certain transactions.
  Causes:
  
  Invalid Settlement Type Configuration: The settlement type may not be configured correctly in the system for the specified date.
  Date Range Issues: The date you are trying to process may fall outside the valid range for the settlement type.
  Missing Master Data: The necessary master data (like condition records or pricing) may not be set up for the settlement type.
  Customizing Settings: There may be issues in the customizing settings related to the settlement types in the Logistics Execution module.
  
  Solutions:
  
  
  Check Settlement Type Configuration:
  
  Go to the customizing settings in SAP (Transaction SPRO).
  Navigate