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

SAP Error Message - Details

• 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 to the relevant area for Logistics Execution and check the configuration for settlement types.
  Ensure that the settlement type is defined and valid for the date in question.
  
  
  
  Review Date Validity:
  
  Verify that the date you are using for the transaction is within the valid range for the settlement type.
  If necessary, adjust the date or update the configuration to include the required date range.
  
  
  
  Update Master Data:
  
  Ensure that all necessary master data related to the settlement type is correctly maintained.
  Check for any missing condition records or pricing information that may be required.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to settlement types in Logistics Execution for additional guidance.
  
  
  
  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: You may need to use transaction codes like SPRO for customizing, SE11 for data dictionary, or SE16 for table viewing to investigate the issue further.
  Tables: Relevant tables to check might include:
  
  T_001 for company codes
  T_001W for plant data
  T_001K for settlement types
  
  
  User Exits or BAdIs: If there are custom developments in your SAP system, check if any user exits or BAdIs are affecting the settlement type logic.
  
  By following these steps, you should be able to identify and resolve the issue related to the SAP error message 62241.