How To Fix 62261 - No costs incurred for settlement period &-&

62261 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 261

• Message text: No costs incurred for settlement period &-&

What causes this issue?

No costs have been incurred for the previous or next settlement period
you have selected.

System Response

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

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

62261 - Details

• The SAP error message "62261 No costs incurred for settlement period &-&" typically occurs during the settlement process in SAP, particularly in the context of Project System (PS) or Internal Orders (IO). This error indicates that there are no costs recorded for the specified settlement period, which means that the system cannot process the settlement because there is nothing to settle.
  Causes:
  
  No Costs Posted: There may be no costs posted to the project or internal order for the specified period.
  Incorrect Settlement Period: The settlement period specified may not have any associated costs.
  Cost Elements Not Assigned: The cost elements that should be used for the settlement may not be properly assigned or configured.
  Settlement 
  Configuration Issues: There may be issues with the configuration of the settlement rules or the settlement profile.
  Closed Periods: The period may be closed for posting, preventing any costs from being recorded.
  
  Solutions:
  
  Check Cost Posting: Verify if any costs have been