How To Fix 62924 - No entry allowed for settlement factor

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 924

• Message text: No entry allowed for settlement factor

What causes this issue?

A settlement factor can only be defined if the service charge
settlement distributes cost according to usage. The current settlement
factor &v1& indicates distribution according to fixed values or
condition types. In this case, if the calculation base is set at '3',
the option rate determination will be carried out with the same
settlement factor.

System Response

The system does not accept your entry.

How to fix this error?

Either delete the settlement factor or change the calculation base for
the option rate determination, if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62924 - No entry allowed for settlement factor ?

  The SAP error message "62924 No entry allowed for settlement factor" typically occurs in the context of settlement processes in SAP, particularly when dealing with internal orders, projects, or cost centers. This error indicates that there is an issue with the settlement factor that is being used in the settlement process.
  Cause:
  
  Settlement Factor Configuration: The settlement factor may not be configured correctly in the system. This could be due to missing or incorrect settings in the controlling area or the specific order type.
  Invalid Entry: The system may be rejecting the settlement factor because it is not valid for the specific transaction or context in which it is being used.
  Master Data Issues: There may be issues with the master data related to the cost objects (like internal orders or projects) that are being settled.
  Settlement Profile: The settlement profile assigned to the order or project may not allow for the specified settlement factor.
  
  Solution:
  
  Check Configuration: Review the configuration settings for the settlement profile and ensure that the settlement factor is correctly defined. This can be done in the SPRO transaction under the controlling area settings.
  Validate Master Data: Ensure that the master data for the cost objects involved in the settlement is complete and accurate. Check for any missing or incorrect entries.
  Review Settlement Profile: Check the settlement profile assigned to the order or project. Make sure it allows for the type of settlement you are trying to perform.
  Use Valid Settlement Factor: Ensure that you are using a valid settlement factor that is allowed for the specific transaction. You may need to consult with your SAP administrator or functional consultant to identify the correct factor.
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the settlement process and the requirements for settlement factors.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like KO88 (Order Settlement) or CJ88 (Project Settlement) to perform the settlement and check for errors.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional guidance.
  User Roles and Authorizations: Ensure that the user performing the settlement has the necessary authorizations to execute the transaction.
  
  If the issue persists after checking these areas, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Controlling (CO) to further diagnose and resolve the issue.