How To Fix 62298 - Reference date refers to invalid settlement period

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 298

• Message text: Reference date refers to invalid settlement period

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 62298 - Reference date refers to invalid settlement period ?

  The SAP error message 62298, "Reference date refers to invalid settlement period," typically occurs in the context of settlement processes in SAP, particularly in modules like Project System (PS) or Controlling (CO). This error indicates that the reference date you are trying to use for a settlement operation does not correspond to a valid settlement period in the system.
  Causes:
  
  Invalid Reference Date: The reference date you are using may not fall within an open or valid settlement period.
  Period Closing: The settlement period may have been closed in the system, preventing any further settlements from being processed for that period.
  Configuration Issues: There may be configuration settings in the controlling area or fiscal year variant that are not aligned with the reference date.
  Data Entry Errors: There could be a simple data entry error where the wrong date was inputted.
  
  Solutions:
  
  
  Check Settlement Periods:
  
  Go to the transaction code OB52 to check the open and closed periods for your controlling area. Ensure that the reference date falls within an open period.
  
  
  
  Adjust Reference Date:
  
  If the reference date is incorrect, adjust it to a valid date that falls within an open settlement period.
  
  
  
  Open the Period:
  
  If necessary, you can open the period for settlement by adjusting the settings in transaction code OB52. However, be cautious with this approach, as it may affect other transactions.
  
  
  
  Review Configuration:
  
  Check the configuration settings for your controlling area and fiscal year variant to ensure they are set up correctly. This can be done in the SPRO transaction under the Controlling section.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to settlement periods and error message 62298 for additional context and troubleshooting steps.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CJ88 (for project settlements) and KKAO (for internal order settlements).
  SAP Notes: Check for any SAP Notes related to error message 62298 for specific patches or updates that may address the issue.
  User Authorization: Ensure that you have the necessary authorizations to perform settlement operations in the system.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.