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