How To Fix COOS024 - The assigned settlement rule does not allow settlement to order

COOS024 - Overview

• Message type: E = Error

• Message class: COOS - Order Split

• Message number: 024

• Message text: The assigned settlement rule does not allow settlement to order

What causes this issue?

You have specified an order type for the creation of the child order.
This order type uses a settlement profile that does not allow
settlement to the order.

How to fix this error?

Enter a different order type.

Error message extract from SAP system. Copyright SAP SE.

COOS024 - Details

• The SAP error message COOS024 ("The assigned settlement rule does not allow settlement to order") typically occurs in the context of controlling (CO) when trying to settle costs from a cost object (like an internal order) to another cost object or a different account. This error indicates that the settlement rule defined for the cost object does not permit the type of settlement you are attempting to perform.
  Causes:
  
  Settlement Rule Configuration: The settlement rule assigned to the order may not be configured to allow settlement to the specified order or cost object.
  Settlement Type: The settlement type defined in the settlement rule may not match the type of settlement you are trying to execute (e.g., settling to a cost center, internal order, etc.).
  Order Status: The internal order or cost object may be in a status that does not allow settlement (e.g., it may be closed or not fully opened).
  Settlement Profile: The settlement