How To Fix KO262 - No orders selected for settlement; Log generated

SAP Error Message - Details

• Message type: E = Error

• Message class: KO - Master data for CO orders

• Message number: 262

• Message text: No orders selected for settlement; Log generated

What causes this issue?

No orders exist matching your selection criteria, i.e. that
allocate to G/L account
have a non-zero balance

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KO262 - No orders selected for settlement; Log generated ?

  The SAP error message KO262 ("No orders selected for settlement; Log generated") typically occurs during the settlement process in SAP Controlling (CO) when the system cannot find any orders that meet the criteria for settlement. This can happen for various reasons, and understanding the cause is essential for resolving the issue.
  Causes of KO262 Error
  
  
  No Open Orders: There may be no open or valid orders available for settlement. This can happen if all orders have already been settled or if they have been closed.
  
  
  Settlement Profile Issues: The settlement profile assigned to the order may not be configured correctly, or it may not allow for settlement under the current conditions.
  
  
  Settlement Period: The period in which you are trying to settle may not be open for settlement. If the period is closed, the system will not allow any settlements.
  
  
  Order Status: The status of the order may not be suitable for settlement. For example, if the order is marked as "completed" or "closed," it cannot be settled.
  
  
  Selection Criteria: The selection criteria used during the settlement run may be too restrictive, resulting in no orders being selected.
  
  
  Missing or Incorrect Data: There may be missing or incorrect data in the order that prevents it from being selected for settlement.
  
  
  Solutions to KO262 Error
  
  
  Check Open Orders: Verify that there are open orders available for settlement. You can do this by checking the order status in the relevant transaction (e.g., KO03 for displaying orders).
  
  
  Review Settlement Profile: Ensure that the settlement profile assigned to the order is correctly configured. You can check this in the order master data.
  
  
  Open Settlement Period: Confirm that the period you are trying to settle is open. You can check this in the period closing cockpit or by reviewing the fiscal year settings.
  
  
  Order Status Verification: Check the status of the order to ensure it is eligible for settlement. If the order is closed or completed, you may need to reopen it or create a new order.
  
  
  Adjust Selection Criteria: Review the selection criteria used in the settlement run. Make sure they are not too restrictive and that they include the orders you want to settle.
  
  
  Data Integrity Check: Ensure that all necessary data for the order is complete and correct. This includes checking for any missing postings or errors in the order.
  
  
  Log Review: Review the log generated by the settlement run for additional details on why no orders were selected. This log can provide insights into specific issues that need to be addressed.
  
  
  Related Information
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KO03 (Display Order), KO02 (Change Order), and KOB1 (Order Line Items) to investigate orders and their statuses.
  SAP Notes: Check SAP Notes for any known issues or patches related to the KO262 error. SAP frequently updates its knowledge base with solutions for common problems.
  Documentation: Review SAP documentation on settlement processes in Controlling for best practices and troubleshooting tips.
  
  By following these steps, you should be able to identify the cause of the KO262 error and implement the appropriate solution. If the issue persists, consider reaching out to your SAP support team for further assistance.