How To Fix KD288 - Cancel settlement for period & & first

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 288

• Message text: Cancel settlement for period & & first

What causes this issue?

In period &v1& &v2&, actual costs were settled to the receivers of the
settlement rule. However, the sender is a WIP element, which means:
The sender is an order or a WBS element.
The sender has a results analysis key.
You cannot post revenues to the sender.
A WIP element is treated according to the following rules:
If the sender is not technically completed or has not been finally
delivered, then only work in process is transferred to Financial
Accounting.
If the sender is technically completed or has been finally delivered,
then the system settles the actual costs for the sender to the
receivers, as specified in the settlement rule.
If you reopen the sender or reset the final delivery after the actual
costs are settled, then you need to reverse this settlement.

How to fix this error?

Reverse the settlement of actual costs, as the sender is not
technically completed, and has not been finally delivered.
If you do not wish to determine WIP on your order or WBS element, then
you can cancel the results analysis key after reversing the settlement.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KD288 - Cancel settlement for period & & first ?

  The SAP error message KD288 "Cancel settlement for period & & first" typically occurs in the context of controlling (CO) when you attempt to cancel a settlement for a period that has already been closed or when there are issues with the settlement process.
  
  Cause:
  
  Closed Period: The period you are trying to cancel the settlement for is already closed in the system. SAP has a period closing procedure that prevents changes to financial data in closed periods.
  Settlement Not Allowed: The system may not allow the cancellation of settlements due to configuration settings or because the settlement has already been processed in a subsequent period.
  Incorrect Period: The period specified in the cancellation request may not match the period of the original settlement.
  Authorization Issues: The user may not have the necessary authorizations to perform the cancellation.
  
  
  Solution:
  
  Check Period Status: Verify if the period you are trying to cancel is indeed closed. You can do