How To Fix KD295 - Can only settle with settlement period & & once reversal complete

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 295

• Message text: Can only settle with settlement period & & once reversal complete

What causes this issue?

The sender was already settled in settlement period &V1& &V2&. Rules
with settlement type FUL were used. After this, further distribution
rules were entered.

System Response

Settlement cannot be repeated.

How to fix this error?

If you want to repeat settlement in settlement period &V1& &V2&, you
must first reverse all previous settlements for the settlement period.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KD295 - Can only settle with settlement period & & once reversal complete ?

  The SAP error message KD295 ("Can only settle with settlement period & & once reversal complete") typically occurs in the context of the Controlling (CO) module, particularly when dealing with internal orders or projects that are being settled. This error indicates that there is an issue with the settlement process, specifically related to the reversal of a previous settlement.
  Cause:
  
  Incomplete Reversal: The error usually arises when a settlement reversal has not been completed successfully. The system requires that any previous settlements be fully reversed before a new settlement can be processed for the same period.
  Settlement Period Issues: The error may also indicate that the settlement period is not open or is not valid for the current operation.
  Configuration Issues: There may be configuration settings in the controlling area or the order type that are preventing the settlement from being processed correctly.
  
  Solution:
  
  Check Reversal Status: Verify if the previous settlement has been reversed completely. You can do this by checking the status of the internal order or project in question. If the reversal is incomplete, complete it first.
  Review Settlement Period: Ensure that the settlement period you are trying to use is open and valid. You can check this in the controlling area settings or by consulting with your financial team.
  Transaction Codes: Use transaction codes like KO88 (for order settlement) or KO02 (to change order) to check the status of the order and the settlements.
  Consult Documentation: Review SAP documentation or help files related to internal order settlements for any specific configurations that may need to be adjusted.
  Error Logs: Check the error logs for more detailed information about the issue. This can provide insights into what specifically is causing the error.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance.
  
  Related Information:
  
  SAP Notes: Look for relevant SAP Notes that may address this specific error. SAP Notes often contain patches or additional guidance for resolving known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  Training and Documentation: Ensure that users involved in the settlement process are adequately trained and have access to the necessary documentation to avoid common pitfalls.
  
  By following these steps, you should be able to identify the cause of the KD295 error and implement a solution to resolve it.