How To Fix CMM_MEV_GEN_CUST003 - No billing type for period-end reset of period-end posting &1 defined

CMM_MEV_GEN_CUST003 - Overview

• Message type: E = Error

• Message class: CMM_MEV_GEN_CUST - Period-end valuation: Messages for customizing

• Message number: 003

• Message text: No billing type for period-end reset of period-end posting &1 defined

What causes this issue?

No billing type for period-end reset is assigned to the billing type for
period-end posting.

System Response

The system cannot determine a billing type for the period-end reset and
aborts processing of the period-end posting.

How to fix this error?

Define a suitable billing type for period-end reset in Customizing and
assign it to the billing type for period-end posting.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

CMM_MEV_GEN_CUST003 - Details

• The SAP error message CMM_MEV_GEN_CUST003 indicates that there is no billing type defined for the period-end reset of period-end postings in the system. This error typically occurs in the context of the Contract Accounts Receivable and Payable (FI-CA) module when trying to execute a period-end closing process.
  
  Cause:
  The error is caused by the absence of a configuration for the billing type that is required for the period-end reset process. This can happen if:
  
  The billing type has not been defined in the system.
  The billing type is incorrectly configured or not assigned to the relevant transaction.
  The necessary customizing settings for the billing type are missing.
  
  
  Solution:
  To resolve this error, you need to ensure that the appropriate billing type is defined and configured correctly in the system. Here are the steps to do this:
  
  
  Check Billing Type Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Accounts Receivable and Accounts Payable >