How To Fix KD114 - Settlement rule maintenance is not possible (see long text)

KD114 - Overview

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 114

• Message text: Settlement rule maintenance is not possible (see long text)

What causes this issue?

No <DS:GLOS.settlement_profile>settlement_profile</> was found for the
object currently being processed (for example, order, cost object).
Additionally, you cannot enter a settlement profile, as you have no
authorization to change the settlement parameters.

System Response

It is not possible to change the settlement rule.

How to fix this error?

You can either request maintenance authorization for settlement
parameters or have the settlement profile entered in Customizing.
If the object you are currently processing is an internal order, then
the maintenance authorization for the settlement parameters is given
through the
<DS:UO.K_ORDER>"General_Authorization_Object_For_Internal_Orders"</>.
Usually, a settlement profile is entered in Customizing, which is then
automatically copied when you create a settlement rule. For orders
(apart from sales orders) this occurrs in the order type.

Error message extract from SAP system. Copyright SAP SE.

KD114 - Details

• The SAP error message KD114, which states "Settlement rule maintenance is not possible (see long text)," typically occurs in the context of controlling (CO) when you are trying to maintain settlement rules for a cost object, such as an internal order or a project. This error can arise due to various reasons, and understanding the cause is essential for resolving it.
  Causes of KD114 Error
  
  
  Settlement Rule Already Exists: If a settlement rule already exists for the cost object, you may not be able to create or modify it.
  
  
  Cost Object Status: The status of the cost object may prevent changes. For example, if the cost object is already settled or has been closed, you cannot maintain the settlement rules.
  
  
  Incorrect Configuration: There may be configuration issues in the controlling area or the settings related to the cost object type.
  
  
  Authorization Issues: Lack of proper authorizations for the user trying to maintain the settlement rules