How To Fix KD701 - Settlement document & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 701

• Message text: Settlement document & does not exist

What causes this issue?

You tried to access settlement document number &V1&. This settlement
document does not exist.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter the number of a settlement document which does exist.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KD701 - Settlement document & does not exist ?

  The SAP error message KD701, which states "Settlement document & does not exist," typically occurs in the context of controlling (CO) when you are trying to settle a cost object (like an internal order, project, or cost center) but the system cannot find the corresponding settlement document.
  Causes of KD701 Error
  
  
  Settlement Document Not Created: The most common reason for this error is that the settlement document has not been created yet. This can happen if the settlement process has not been executed or if there were issues during the settlement run.
  
  
  Incorrect Document Number: The document number you are trying to reference may be incorrect or does not exist in the system.
  
  
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to view or access the settlement document.
  
  
  Data Consistency Issues: There may be inconsistencies in the data, such as missing entries in the database tables that store settlement information.
  
  
  Incorrect Configuration: The configuration settings for the settlement process may not be set up correctly, leading to issues in document creation.
  
  
  Solutions to KD701 Error
  
  
  Check Settlement Run: Ensure that the settlement run has been executed for the relevant period and that it completed successfully. You can check the logs for any errors during the settlement process.
  
  
  Verify Document Number: Double-check the document number you are using. Make sure it is correct and corresponds to an existing settlement document.
  
  
  Review Authorizations: Ensure that you have the necessary authorizations to access the settlement document. You may need to contact your SAP security team to verify your access rights.
  
  
  Check Data Consistency: Use transaction codes like SE11 or SE16 to check the relevant database tables (e.g., COSS, COSP) for the existence of the settlement document. If there are inconsistencies, you may need to run consistency checks or consult with your SAP Basis team.
  
  
  Configuration Review: Review the configuration settings for the settlement process in the controlling module. Ensure that all necessary settings are correctly configured.
  
  
  Re-run Settlement: If the settlement document was not created due to an error, you may need to re-run the settlement process for the relevant cost object.
  
  
  Related Information
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KOB1: Display actual line items for orders.
  KSU5: Execute settlement for internal orders.
  KSV5: Execute settlement for cost centers.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to the KD701 error. You can search for relevant notes in the SAP Support Portal.
  
  
  Documentation: Review SAP documentation related to the settlement process in the controlling module for detailed guidance on how to set up and troubleshoot settlement issues.
  
  
  If the problem persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the controlling module.