How To Fix CO550 - Order type & has no settlement profile

SAP Error Message - Details

• Message type: E = Error

• Message class: CO - PPC order processing messages

• Message number: 550

• Message text: Order type & has no settlement profile

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CO550 - Order type & has no settlement profile ?

  The SAP error message CO550 indicates that the order type specified does not have an associated settlement profile. This can occur in various scenarios, particularly when dealing with internal orders, production orders, or project systems. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Settlement Profile: The order type you are trying to use does not have a settlement profile assigned to it in the configuration settings.
  Incorrect Order Type: The order type may not be configured correctly or may not be intended for settlement.
  Configuration Issues: There may be issues in the configuration of the controlling area or the order type settings.
  
  Solution:
  To resolve the CO550 error, follow these steps:
  
  
  Check Order Type Configuration:
  
  Go to the transaction code OKA0 (Order Types) or OKB9 (Order Type Settings).
  Verify that the order type in question has a settlement profile assigned. If it does not, you will need to assign a valid settlement profile.
  
  
  
  Assign Settlement Profile:
  
  If the order type does not have a settlement profile, you can assign one by editing the order type settings.
  Ensure that the settlement profile is appropriate for the type of order you are working with.
  
  
  
  Review Controlling Area Settings:
  
  Check the controlling area settings to ensure that the settlement profiles are correctly defined and linked to the relevant order types.
  
  
  
  Consult Documentation:
  
  If you are unsure about which settlement profile to assign, consult your organization's documentation or SAP help resources to understand the implications of different profiles.
  
  
  
  Testing:
  
  After making changes, create a test order using the same order type to ensure that the error does not occur again.
  
  
  
  Related Information:
  
  Settlement Profiles: These define how costs are settled from the order to other cost objects (like cost centers, profitability segments, etc.). Each profile can have different rules and settings.
  Transaction Codes:
  
  OKA0: To maintain order types.
  OKB9: To maintain settlement profiles.
  KO02: To change an order and check its settings.
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to your version of SAP.
  
  Conclusion:
  The CO550 error is typically straightforward to resolve by ensuring that the order type has a valid settlement profile assigned. By following the steps outlined above, you should be able to correct the issue and proceed with your operations in SAP. If problems persist, consider reaching out to your SAP support team for further assistance.