How To Fix KD304 - Object type & is not a valid receiver in settlement profile &

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 304

• Message text: Object type & is not a valid receiver in settlement profile &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message KD304 - Object type & is not a valid receiver in settlement profile & ?

  The SAP error message KD304 indicates that there is an issue with the settlement profile configuration in the Controlling (CO) module, specifically related to the object type that is being used for settlement. This error typically arises when the system cannot recognize the specified object type as a valid receiver for the settlement profile.
  Cause:
  
  Invalid Object Type: The object type specified in the settlement profile is not valid or not recognized by the system.
  Configuration Issues: The settlement profile may not be correctly configured to include the object type you are trying to use.
  Missing Master Data: The master data for the object type may not be set up correctly or may be missing.
  Authorization Issues: There may be authorization issues preventing the system from recognizing the object type.
  
  Solution:
  
  
  Check Settlement Profile Configuration:
  
  Go to the transaction code OKO7 (Settlement Profile) and verify that the object type you are trying to use is included in the settlement profile.
  Ensure that the settings for the object type are correctly defined.
  
  
  
  Verify Object Type:
  
  Ensure that the object type you are using is valid for the settlement profile. You can check the valid object types in the configuration settings for the settlement profile.
  
  
  
  Review Master Data:
  
  Check if the master data for the object type is correctly maintained. This includes ensuring that the relevant cost centers, internal orders, or projects are properly set up.
  
  
  
  Check Authorizations:
  
  Ensure that you have the necessary authorizations to access and use the specified object type in the settlement process.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details on the settlement profile and object types.
  
  
  
  Testing:
  
  After making the necessary changes, test the settlement process again to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OKO7: To maintain settlement profiles.
  KOB1: To display actual line items for cost centers or internal orders.
  KSV5: To display the settlement rules for internal orders.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  Community Forums: Consider visiting SAP Community forums or other user groups where similar issues may have been discussed.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Controlling.