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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62261 - No costs incurred for settlement period &-& ?

  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 posted to the project or internal order for the specified period. You can do this by reviewing the relevant reports (e.g., CJI3 for project costs).
  Review Settlement Period: Ensure that you are trying to settle the correct period and that costs exist for that period.
  Verify Cost Elements: Check if the necessary cost elements are assigned to the project or internal order and that they are active.
  Check Settlement Configuration: Review the settlement rules and profiles to ensure they are correctly set up for the project or internal order.
  Open Posting Periods: If the period is closed, you may need to open it for posting or adjust your settlement to a period that is open.
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the error and potential fixes.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like CJ20N (Project Builder), CJI3 (Project Actual Line Items), or KO88 (Order Settlement) to investigate costs and settlements.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Authorization: Ensure that you have the necessary authorizations to view costs and perform settlements.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Project System or Internal Orders.