How To Fix KD216 - No settlement document exists

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 216

• Message text: No settlement document exists

What causes this issue?

There is no settlement document, which could be because:
The sender was not yet settled
The sender was completely reversed.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message KD216 - No settlement document exists ?

  The SAP error message KD216 "No settlement document exists" typically occurs in the context of controlling (CO) when you are trying to settle a cost object, such as an internal order, project, or cost center, but the system cannot find a corresponding settlement document. This can happen for several reasons. Below are the common causes, potential solutions, and related information for this error:
  Causes:
  
  No Settlement Document Created: The most straightforward reason is that no settlement document has been created for the cost object you are trying to settle.
  Incorrect Settlement Profile: The settlement profile assigned to the cost object may not be configured correctly, preventing the creation of a settlement document.
  Settlement Period Issues: The period in which you are trying to settle may be closed or not open for posting.
  Cost Object Status: The cost object may be in a status that does not allow for settlement (e.g., it may be marked as